Winston & Strawn Sponsors, Partners Speak at SFVegas 2025

Winston & Strawn was proud to sponsor SFVegas 2025 on February 23-26 at the Aria Resort & Casino in Las Vegas. SFVegas is the world’s largest capital markets conference, drawing over 9,000 professionals from the securitization and structured finance market.

Francisco Flores, partner and co-chair of Winston’s Esoteric Finance Practice, moderated the “SFAcademy: Asset-Based Finance” panel, and Nolan Bolduc, partner and co-chair of Winston’s CLOs/Fund Finance Practice, moderated the “Market Beat: Fund Finance” panel.

Both panels were heavily attended, with Francisco’s panel in particular being standing room only.

Key Takeaways from The Panels

• The private ABS market, as a separate domain from the public capital markets, has begun to comparatively pick up steam with the recent entrance of major institutional players
• Though the sell-side of the market has historically been where most ABS bonds were created, investors can now structure these ABS investments for themselves (the end-owner of the risk is able to underwrite their own investment)
• There are also many new entrants to the fund finance space, including both bank and non-bank lenders, and this increased competition has led to the introduction of more creative structures and bespoke strategies

Additionally, Eunice Chay, an associate in Winston’s Structured Finance Practice, was specially recognized by the Structured Finance Association’s Women in Securitization Initiative as a 2025 Rising Star.

Other Winston attorneys from the Structured Finance, Fund Finance, and Tax Practices that attended the conference include Pete Morgan, Russell Casper, Mike Mullins, Sean Kelly, Chris Capitanelli, Dan Passage, Jamie Saeli, Scott Englert, and Emily Waltz.