SCI In Conversation

In this episode of the SCI In Conversation podcast, SCI US editor Simon Boughey speaks to John Beacham, founder and CEO of Toorak Capital Partners, about residential transition loans (RTL) and securitisations. Beacham discusses the significance of being the first firm to close a rated RTL securitisation, which it achieved in February, the prospects for the year ahead, and more.

In this special International Women's Day episode of the SCI In Conversation podcast, SCI deputy editor Kenny Wastell speaks to Ruhi Patil, a counsel in Dentons' London office, about gender diversity and inclusion in the structured finance industry. Patil discusses her personal experiences of attitudes towards diversity and inclusion; the roles that allies can play in tackling the challenges; the importance of sponsorship and mentoring; the next frontiers in inspiring inclusion; and more.

In this episode of the SCI In Conversation podcast, SCI US editor Simon Boughey speaks to Ian Wolkoff, structured credit and CLO liabilities md at Pretium Partners, about the CLO market's outlook for 2024. Wolkoff discusses the types of loans that are likely to see default rates tick upwards; refinancing challenges; the high levels of issuance seen so far in 2024 and what it suggests for the year ahead; and more.

In this episode of the SCI In Conversation podcast, SCI's deputy editor Kenny Wastell speaks to S&P Global Ratings' head of EMEA structured finance research Andrew South and Alastair Bigley, md and sector lead for European RMBS, about the year ahead. The ratings agency recently published its European Structured Finance Outlook for 2024, forecasting that issuance in Europe could pick up to as much as €95bn in 2024.

In this special episode of the SCI In Conversation podcast, Matthew Bisanz, a partner in Mayer Brown's bank regulatory practice, outlines how the Federal Reserve's update on 28 September of the FAQs on Regulation Q is likely to impact the US capital relief trades market. The long-awaited guidance clarifies the definition of a synthetic securitisation and, crucially, states that a reservation of authority can be requested for direct CLNs. Bisanz, for one, anticipates an increased willingness – especially among larger CCAR banks – to enter into CRTs as a result.

In this episode of SCI in conversation, mortgage and structured credit segment leader Jeff Krohn talks to Simon Boughey about recent developments in the mortgage CRT market - both capital markets and reinsurance. He predicts what is likely to happen for the remainder of thos year, and also whether US bank involvement is now imminent.

In this episode of the SCI In Conversation podcast, Pemberton Capital Advisors director Naomi Prasad discusses whether we should we be talking about "ESG" or "sustainability" in the context of the securitisation market and which ESG strategies are proving effective in the CLO management space. She also outlines how sustainability can be better integrated at both the corporate and individual level.

In this latest edition of SCI In Conversation, Terry Lanson, a managing director at Seer Capital in New York, joins US editor Simon Boughey to discuss the various pressures on US banks in the wake of the collapse of several regional names. As capital becomes more constrained rather than less, the SRT market presents itself as ideal solution and Terry is optimistic about the future.

In this episode of the SCI In Conversation podcast, Vesttoo co-founder and chief financial engineer Alon Lifshitz outlines how the insurance-linked securities landscape is evolving from catastrophe bonds to a wider range of structures, bringing insurance risk directly to the capital markets. He also discusses ILS modelling approaches, the involvement of rating agencies in the insurance risk transfer space and a new index project that is underway.

In this episode of the SCI In Conversation podcast, Seth Painter, managing director and head of structured products at Antares Capital, discusses the role of the CLO market in funding the firm's direct lending business. In particular, he focuses on the burgeoning importance of middle market CLOs, which has been taking market share from the traditional BSL space at a rate of knots.