Managing Risks and Opportunities in Private Credit

Hassan Azrak is Global Head of Asset Managers & LBOs Risk Admission at BBVA Corporate & Investment Banking, based in London. He leads risk teams globally across CIB geographies for financial sponsor, asset manager and leveraged buyout-related clients and products. Hassan brings more than 25 years of international credit risk leadership experience, with prior senior roles at Credit Suisse, Natixis and BNP Paribas.

Luca Blasi is the Head of Private Markets & Regulatory Solutions, leading S&P Global Market Intelligence’s activities on valuations and risk for private market securities (private equity, private credit, ABS and hard-to-value securities). 

Luca has over 30 years of experience across many sectors of financial markets including regulators, public sector investment authorities, investment banking and private valuation services. Before joining S&P Global, Luca held senior leadership roles in investment banking valuation control functions in DB and Nordea, as well as leading the valuation and risk management Banking Supervision Risk Specialist team for the Bank of England. 

Luca holds a PhD in Financial Econometrics from University of Aberdeen. He is a member of the Advisory Committee of the Financial Risk Manager Program (GARP) and he is a member of the Financial Instruments Board of the International Valuation Standard Committee (IVSC) and the Financial Markets Standard Board (FMSB). 

Alexandre Bruyelle is a Partner in Asset Management at Arcano Partners, with a focus on private credit strategies (private debt and leveraged loans). He has been with Arcano Capital since 2013 and previously worked at European Capital (now LGT) in France. Alexandre’s background combines private credit and fixed income investment across European markets.

Miguel Iniesta is Managing Director in Private Debt at Alantra. He has more than 15 years of experience in private debt and corporate finance and has spent over a decade at Alantra, where he has led more than 35 direct lending transactions across Europe. Before joining Alantra, Miguel worked in BNP Paribas’ Investment Banking division in London and Madrid, focused on mergers and acquisitions in the TMT, healthcare and consumer sectors.

Carlos Medina Aguilar is Illiquid & Alternative Assets Manager at Santander Asset Management, focused on financial risk and control activities across alternative investment strategies. He is associated with Santander Asset Management and Santander Alternative Investments vehicles, including direct lending, working capital, infrastructure, and real estate - related structures. Carlos contributes actively to industry discussions on investment banking and alternative assets. Carlos is also a lecturer at IEB and CEU San Pablo University, teaching Financial Advance Modelling since 2021 in Corporate Finance and Investment Banking master’s degrees.