The European ABF Forum 2025 will explore the evolving role of asset-backed finance in capital markets, as banks adapt to Basel 4 and demand grows for flexible, real-economy funding solutions.
With a focus on the European market, the event will highlight emerging trends such as increased bank–sponsor collaboration and the growing presence of insurance capital in ABF transactions.
Key discussions will examine structuring tools including forward-flow agreements, warehouse financing, and back-leverage. Against a fragmented regulatory backdrop, the forum will offer specialist insights into capital relief, funding strategies, and bespoke securitisation solutions driving innovation in today’s ABF landscape.
Event Date
Location
A&O Shearman Offices One Bishops Square, London, E1 6AD
Agenda
Registration & Breakfast Networking
Opening Remarks
Speakers

Corinne Smith, SCI
Panel: Market Overview
- Defining ABF: asset-backed, asset-based or ABL; ABF versus direct lending
- Market drivers: bank derisking and private credit appetite; motivations for tapping the private versus the public market
- Participants: profiling asset sellers and asset buyers; the growing participation of insurance capital
- Challenges: structurally complex financings and high barriers to entry; the flexibility provided by private credit versus the limitations of bank lending
Speakers

Alice He, Universities Superannuation Scheme Investment Management

Jeffrey Griffiths, Campbell Lutyens

Matt Jones, GoldenTree Asset Management

Natalia Joubrina, Intesa Sanpaolo

Neil Hepworth, AB CarVal
Panel: The ABF Toolkit
- Forward flow arrangements: a deep-dive into structuring techniques and eligibility requirements
- Warehouse arrangements: the utilisation of revolving credit facilities and an overview of exit mechanisms
Speakers

Munawer Shafi, Aviva Investors

Olivier Vincens, Funding Circle

Steven Cappleman, Apollo

Robert Bradbury, Alvarez & Marsal
Networking Break
Panel: Spotlight on CRE
- Back leverage: strategies involving loan-on-loan, risk participation, repo and TRS financings; why are some funds using loan-on-loan financings instead of NAV financings?
- Addressing misalignment: how are back leverage providers approaching financings that are under pressure?
- Shadow lending: what does the regulatory landscape look like for CRE back leverage?
Speakers

AJ Storton, Art Capital

Jennie Dorsaint, Norton Rose Fulbright LLP (Moderator)

Nabil Aquedim, Arini

Omar el Glaoui, Citi

Poppy Latham, A&O Shearman
Networking Lunch
Panel: Spotlight on Fund Finance
- Capital call financings: the rise of securitisation for regulatory capital relief purposes
- Case study: Goldman Sachs’ Capital Street Master Trust Series 2024-1
- The role of ratings in fund finance
- Market evolution: is ABF ushering fund finance into the mainstream or is it simply that more use-cases are coming to light?
Speakers

Bob Bengtson, Goldman Sachs

Ian Wiese, Barings

Jerry van Koolbergen, Morningstar DBRS

Shailen Patel, NLC Capital Partners LLP
Panel: Current Trends in ABF
- Strategic partnerships: the rise of bank/fund and insurer/fund ABF tie-ups
- Emerging opportunities: new frontiers in NPL and renewables financings
Speakers

Douglas Charleston, TwentyFour Asset Management

Katherine Chan, Juice Ventures

Mustafa Dincer, MD Advisors

Tim Cable, Vantage Infrastructure
Networking Break
Panel: Regional Differences
- US versus Europe: with the US ABF sector transitioning to a more developed ‘market-based’ lending ecosystem, how is the European ABF sector likely to develop?
- Emerging jurisdictions: opportunities in the Asia Pacific and Gulf regions; are fintechs paving the way for a wider adoption of ABF?
Speakers

Johan Nisser, Channel

Michael Rose, Standard Chartered Bank

Michael Strevens, British Business Bank
Portfolio optimisation
- The role of private credit in bank risk distribution and capital management strategies
- Which factors determine whether a lender undertakes a portfolio sale versus an ABF or SRT transaction?
- The applications and benefits of first-loss insurance policies and non-payment default insurance
Speakers

Akim Kibalnik, BBVA

Nadezhda Bratanova, SCI (Moderator)

Alan McNamara, Howden

Frank Benhamou, Cheyne Capital
Closing Remarks
Speakers

Corinne Smith, SCI
Drinks Reception
Delegate Pricing
Subscriber Rates
Early Access
Regular
Final Release
Non-subscriber Rates
Early Access
Regular
Final Release
Register Your Place
Silver Partner


Speakers

AJ Storton, Art Capital

Akim Kibalnik, BBVA

Alice He, Universities Superannuation Scheme Investment Management

Bob Bengtson, Goldman Sachs

Corinne Smith, SCI

Douglas Charleston, TwentyFour Asset Management

Ian Wiese, Barings

Jeffrey Griffiths, Campbell Lutyens

Jennie Dorsaint, Norton Rose Fulbright LLP (Moderator)

Jerry van Koolbergen, Morningstar DBRS

Johan Nisser, Channel

Katherine Chan, Juice Ventures

Matt Jones, GoldenTree Asset Management

Michael Rose, Standard Chartered Bank

Michael Strevens, British Business Bank

Munawer Shafi, Aviva Investors

Mustafa Dincer, MD Advisors

Nabil Aquedim, Arini

Nadezhda Bratanova, SCI (Moderator)

Natalia Joubrina, Intesa Sanpaolo

Neil Hepworth, AB CarVal

Olivier Vincens, Funding Circle

Omar el Glaoui, Citi

Poppy Latham, A&O Shearman

Shailen Patel, NLC Capital Partners LLP

Steven Cappleman, Apollo

Tim Cable, Vantage Infrastructure

Alan McNamara, Howden

Frank Benhamou, Cheyne Capital
