TMA Chicago/Midwest Chapter Breakfast Committee Presents
A Workout Lender's Perspective on Economic Recovery
Join the TMA Chicago/Midwest Chapter when it hosts a timely discussion between four seasoned workout lender professionals from both regulated banks and non-bank direct lending institutions. The panel will discuss the state of the economic recovery, thoughts on various industries, similarities/differences to the financial crisis of 2009, what aspects of the nascent recovery have surprised them most, when (if?) turnaround professionals might experience an increase in exit-credit activity.
Featuring Our Distinguished Panelists
Matt Beresh, Senior Managing Director, Mackinac Partners
As a CTP and CIRA, Matt provides financial advisory and interim management services to middle market companies facing operational or financial challenges. Matt focuses on improving business performance, enhancing value, and determining and implementing restructuring alternatives.
Michele Kovatchis, Senior Managing Director, Antares Capital
Ms. Kovatchis is a member of the Antares Capital Advisers Investment Committee. Prior to joining Antares Capital, Ms. Kovatchis was a managing director at GE Capital where she was responsible for the workout function for all of the company’s North American lending platforms. Previously, Ms. Kovatchis held roles at both Heller Financial, Inc. and Merrill Lynch Capital. Ms. Kovatchis received a bachelor’s degree in finance from Northern Illinois University and an MM from Northwestern University’s Kellogg Graduate School of Management. She has 33 years of industry experience, including over 13 years with Antares Capital.
Dean Jeffe, Managing Director, NXT Capital
Dean manages a team of risk professionals that focus on problem accounts. Dean joined NXT in 2013 and was initially focused on underwriting new deals and portfolio management. Prior to NXT, Dean spent ~14 years with GE Antares, GE Capital and Heller Financial. Dean has a finance degree from Boston College and MBA from Depaul.
Hugh Wilder, Managing Director, CIBC
Hugh E Wilder has spent the last 35+ years in middle market commercial banking with the majority of his career at Heller Financial, including the post sale period with GE Commercial Finance Corp. Hugh was with the group from 1985-2007, holding various credit and office head positions. Most notably Hugh was a member and the eventual Head of the Workout Organization from 1914-2002. Prior to joining the PrivateBank/CIBC in 2014 the Head of Loan Administration, Hugh was a member of Churchill Financial from 2007-2013. Hugh graduated with his BA from the University of St. Louis in 1989, and completed his Masters of Business Administration from The Lake Forest Graduate School of Management in 1989.
Edmund Burke, Managing Director, BMO Harris Bank
A native of Chicago, Mr. Burke joined BMO Harris Bank in 2002 and has held a series of different roles throughout his tenure with the bank. In 2014, he was appointed to his current role of Managing Director and Head of U.S. Special Accounts Management Unit. He is responsible for running the team that handles high risk commercial loans in the United States supporting the Commercial Diversified Industries Group, the Commercial Real Estate Division, Transportation Finance, and the Private Banking Group.
Mr. Burke has a Bachelor of Arts, with a major in Political Science from St. Mary’s University of Minnesota and a Master of Business Administration with an emphasis in Finance from St. Xavier University.
At the completion of the presentation, attendees are invited to attend virtual networking. Microphones and cameras will be enabled and attendees will be sent to Zoom Rooms to foster more intimate networking throughout the remaining of the program. No special agenda in those breakout rooms, just time to enjoy some casual networking in order to meet other members and guests you may not have met before!
Requests for refunds must be made in writing no later than 48 hours prior to the date of the event (e-mail is acceptable). No cancellations will be accepted within 48 hours of the event. Substitutions are allowed and must be submitted in writing (e-mail is acceptable). The substitute must be from the same firm as the original registrant and, if the substitute is not a TMA Member, the difference in registration fee will be required. Please note that if you register for the event after the cancellation deadline has passed, you will not be eligible for a refund should you need to cancel your registration. The cancellation policy applies to all registrants regardless of when the registration is submitted. Registrants who fail to attend the event and do not provide written notice in accordance with these policies and deadlines are responsible for full payment.