European market outlook
An error occurred trying to play the stream. Please reload the page and try again.Close
Jonathan Butler is a Managing Director and the Head of the European Leveraged Finance Team (High Yield and Bank Loans) at PGIM Fixed Income, based in London. Mr. Butler is also the co-Head of the Global High Yield Strategy. He is a member of the board of directors of PGIM Limited, PGIM's UK-regulated business, and assists with developing and implementing the Firm's business strategy in the UK. Prior to joining the Firm in 2005, Mr. Butler was responsible for establishing and managing NIBC’s third-party CLO asset management franchise. At NIBC, he invested in senior and mezzanine loans for financial sponsor transactions (leveraged buyouts). Previously, Mr. Butler held investment positions with Chemical Bank (now JPMorgan Chase & Co.), where he originally received his credit training, and Industrial Bank of Japan (now Mizuho). Mr. Butler received a BA with honours in Financial Services from Bournemouth University, UK.
Catriona Coyne is the Principal Product Manager for Loans in BNY Mellon’s Issuer Services Team. She is responsible for the development of loan services offered to clients including CLO Services, Loan Fund Administration and Loan Documentation Services. Her role includes looking at market development and new opportunities, in particular around the use technology and automation efficiencies. One key focus over the last two years has been the development of BNY Mellon’s ESMA Transparency Reporting Solution.
Catriona has over 12 years’ experience in the financial industry, previously responsible for servicing key client relationships across a broad range client segments. She holds a 1st Class Hons Bachelor of Business Studies Degree from Dublin City University, Ireland.
Conor O’Toole Heads up European Securitisation Research and is Global Head of CLO Research at Deutsche Bank having joined in November 2006. Conor started his career in structured finance on the buy side at Allied Irish Banks plc (AIB) in Dublin before moving to Sumitomo Trust & Banking Ltd in London in November 2004 where he latterly acted as a portfolio manager.
Conor was responsible for investment and management of a European Investment Grade ABS portfolio including RMBS, ABS, CMBS and CDOs. At Deutsche Bank he covers the full spectrum of European ABS product where he has published market leading reports on peripheral RMBS, UK Non-Conforming, CLOs and CMBS sectors amongst others. Conor’s team was ranked no. 1 in the Greenwich European Asset Backed Research - European Investors Survey 2015, 2016, and 2017 (latest available) and has been repeatedly highly ranked in the Institutional Investor Survey.
Conor holds a Bachelor of Commerce International (with Spanish) degree from University College Dublin
Dushy Puvan joined BNP Paribas in May 2014 and is a CLO specialist with over 17 years’ experience of structured finance across asset classes. He has a focus on SME, corporate loan and leveraged loan assets, arranging cash and synthetic structures for banks and FIs. He was part of the first wave of CLO 2.0s in Europe. Dushy worked previously for Lloyds Bank (formerly Lloyds TSB) executing a range of balance sheet management solutions transactions for both regulatory capital relief and funding. Dushy holds a PhD in Theoretical Chemistry from the University of Cambridge.