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The IFC has 179 member countries and pursues a mission to promote open and competitive markets in developing countries, support companies and other private sector partners, generate productive jobs and deliver basic services, and to create opportunity for people to escape poverty and improve their lives. The Structured Finance Group, part of IFC’s Finance Vice-Presidency, is involved in structuring and investing in both domestic and cross-border structured transactions, with an emphasis on domestic transactions that provide clients with long-term local currency financing. “The IFC is excited to partner with IMN for this inaugural event bringing together issuers, investors, and other ABS professionals from around the world interested in the latest developments regarding structured finance in the emerging markets,” said Lee Meddin, Deputy Treasurer & Global Head of Structured Finance for the IFC. By bringing together IMN's global expertise in organizing structured finance events, with IFC's experience as a lead player in the development of securitization in the emerging markets, we are creating a partnership to ensure that participants enjoy an unrivaled opportunity. Not only will participants learn of the latest developments in these markets, but they will also have the chance to personally meet many of the key market players for eventual entry into the local markets. Delegates will have the opportunity to hear from senior-level officials from the International Finance Corporation, as they are panelists for a number of the emerging markets securitization sessions. As a multi-lateral agency, the IFC will be able to lend its expertise to discussions of securitization in Latin America, Asia, Central Europe and the Middle East. There will be region-specific panels throughout the day as well as sessions which delve into specific countries, asset classes, structures and investment opportunities. Lee Meddin will begin the full day of emerging market coverage at Spring ABS as a panelist for the session titled “Assessing Investment Opportunities in the Emerging Global Markets.” His colleague, Peter Cashion, will be a session facilitator for the panel discussing investing in the Latin ABS Market. Mr. Cashion has over 11 years experience with the IFC and currently works in the Structured Finance Group, where he has completed over 20 emerging market structured deals in the area of securitization and corporate bond enhancement, primarily in Latin America. Laila Nordine, a Principal Financial Officer in the Structured Finance Group of IFC, will be a panelist for the Central & Eastern Europe securitization session. Ms. Nordine is responsible for coordinating all of IFC’s structured finance activities in Latin America, Europe, the Middle East and North Africa. Since she joined IFC in 2003, Ms. Nordine has closed a number of structured transactions in Mexico, Central America, Eastern Europe and the Middle East, including many landmark residential mortgage-backed securitizations. Also speaking at Spring ABS are the International Finance Corporation’s Kevin Kime and Oliver Stier. Mr. Kime, who is leading a panel on Russia, has led the IFC’s participation in several structured transactions in the Russian Federation and sub-Saharan Africa, including Russia’s first residential mortgage-backed securitization completed in July 2006. Mr. Stier is responsible for the IFC’s structured finance products in East Asia and Brazil, closing transactions in a variety of ABS asset classes including residential real estate, CDOs and SME loans. He will be a panelist for the session titled “Trends and Opportunities in the Brazilian ABS Market.” Information Management Network is also working to extend invitations to IFC’s issuer clients in the emerging markets. They will be invited to attend Spring on a complimentary basis, providing them with an educational opportunity and a unique chance to meet with investors looking for new prospects to enhance return on their portfolios. “Spring ABS is expected to lead the way in terms of providing participants with a global focus”, added Lee Meddin. As the ABS market matures, domestic and cross-border issuance out of the emerging markets will play a larger role as investors struggle to maintain high returns on behalf of their client base and issuers look to diversify their pool of funding. About IMN Since 1994, IMN has presented executive level conferences of the highest quality to the institutional finance and investment markets worldwide, each one a carefully packaged event combining excellent educational sessions with ideal networking opportunities. With approximately eighty conferences per year held in over thirty cities across the globe, IMN has become a leading global provider of information. www.imn.org |
