January 2015  

President's Report


 Well we are almost half way through 2015 and gearing up for presidential nominations. Will the Bush or Clinton dynasty prevail? No one knows, but I’m sure it will be an exciting time for the next 18 months!

On the other hand, the last 6 months have been challenging for the broad ABL community with the ever changing leverage loan guidelines and slower than normal start to 2015. In total, Q115 saw 51 transactions close, representing a 43% decline compared to the quarterly average over the past two years. By comparison, Q115 volume of $19.3 billion was only 25% below Q414, primarily due six jumbo transactions including Albertsons and PetSmart. On top of that, the ABL market is seeing more stretched structures and pricing reduced, not to mention the influx of BDC’s that aren’t subject to the same regulatory pressures. No doubt, it will continue to be a challenging year but I certainly want to wish everyone a prosperous 2015!

Already this year we’ve hosted our second annual joint networking event with the TMA and an education panel focused on Expanding the Borrowing Base. We have several more premier networking and educational events for our members and guests; below you will find a list of the remaining events planned for 2015. 

We continue to grow our Chapter membership base and encourage you to reach out to colleagues and new members of our community and inspire them to join. Each of our members and guests bring a broad range of expertise across the commercial financial services industry and the organization provides opportunities to generate new business, events to network/stay in tune with happenings in the market, and opportunities to educate each other on a variety of topics.    

There are always opportunities to get involved and become a bigger part of our organization. Please don’t hesitate to reach out to me or any of the Board/Committee members to share ideas or thoughts about how you can get involved or enhance our member experience. If you haven’t met any of our Board members, please reach out directly to them or introduce yourself at an event. Each of the Board/Committee contact information as well as registration, information, and schedule of events can be found online at

Lastly and MOST importantly, I want to personally thank each and every one of you for being playing a key part in our Chapter.  Sponsors, members and the Board make everything we do possible.  Each of you has helped us become the successful Chapter we are today.  I’m looking forward to another great year of staying in touch with each and every one of you. 

2015 CFA Calendar of Events

* June 8

21st Annual NorCal CFA Golf Event at Harding Park


* August 26

SF Giants vs. Chicago Cubs Game


* October 22

Educational Event


* December 3

CFA Holiday Party







Samantha Marks
President - CFA Northern California
Tel: 415-403-1110
Cell: 310-562-4740

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Calendar of Events


* January 15

New Year Kickoff Happy Hour 
(joint event with TMA Northern CA Chapter)

* April 16

Spring Educational Program



* June 8

Annual Golf Event at Harding Park


* August 26

SF Giants Game / Happy Hour



* October 22

Fall Educational Program



* December 3

CFA Holiday Party @ Wayfare Tavern





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