The mutual decision was taken by the two groups following the conclusion of a 6-month trial period, so that both organisations can continue serving the interests of their respective members, while still working together for the benefit of the whole market.
Sabrina Fox, Executive Advisor to ELFA, said: “ELFA is grateful to AFME for their support over the last six months. The platform they provided to us was essential to our success and momentum. As trade associations we represent different constituencies with unique perspectives. Working together as independent entities will enhance our ability to represent our respective members, and to collaborate with each other. Our intention is to continue to work closely with AFME as both parties act to support the growth and sustainability of the European leveraged finance market.”
Gary Simmons, Managing Director of AFME’s High Yield Division, said: “This was a mutual decision taken by both organisations in order for us to best represent the interests of our respective members. The high yield investor community is an important part of the European high yield industry and we value its contribution to maintaining a healthy and viable market. AFME and ELFA will continue to work informally together across various policy issues, including joint initiatives and continued communication, to promote high yield market growth and efficiency.”
The European Leveraged Finance Association (ELFA) is delighted to announce the appointment of Gladys Asogbon as the new Director of Engagement & Regulatory Affairs.
ELFA is delighted to have been a Nominating Partner for the inaugural Insight Investment - University of Oxford Prize for Greening Finance. We congratulate the deserving 2023 winners.
ELFA is excited to be collaborating with the ESG Integrated Disclosure Project (ESG IDP) on behalf of its members, and will explore opportunities to demonstrate interoperability in its efforts to obtain ESG disclosures from borrowers. ELFA recognises commonality with the approach taken by the ESG IDP template, and welcomes the opportunity to provide support, feedback and resources to the initiative to harmonise industry efforts and accelerate ESG integration across all markets.
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