NEW YORK, Jan. 13, 2015 /PRNewswire/ -- The Turnaround Management Association (TMA) of New York today announced it will host its 14th Annual Members-Only Exclusive Professor Edward I. Altman Luncheon Conference: "The Credit Market Outlook for 2015 and Beyond... Is a Bubble Building?" on Wednesday, January 21, 2015.
The event, to be held at the Union League Club, will feature Professor Altman's recent paper and thesis on whether a new credit bubble is building in the Leveraged Finance Market and if/when it might burst. In addition, Professor Altman will address the corporate default and recovery market and his forecast of expected credit market conditions for 2015.
"The New York Chapter of TMA is honored to host the 14th Annual Edward I. Altman Luncheon and give our members exclusive access to Professor Altman and his unparalleled track record of forecasting the credit markets and distressed debt," said Allen Kadish, 2015 TMA New York President.
Professor Altman has an international reputation as an expert on corporate bankruptcy, high yield bonds, distressed debt and credit risk analysis. He is the Max L. Heine Professor of Finance at the Stern School of Business, New York University and the Director of Research in Credit and Debt Markets at the NYU Salomon Center for the Study of Financial Institutions. Prior to serving in his present position, Professor Altman chaired the Stern School's MBA program for 12 years.
Professor Altman is also the Chairman of the Academic Advisory Council of the Turnaround Management Association, as well as an advisor to the Centrale dei Bilanci in Italy as well as several other foreign central banks. He received his MBA and Ph.D. in finance from the University of California, Los Angeles. Among other prestigious awards, he was inducted into the Fixed Income Analysts Society Hall of Fame in 2001; President of the Financial Management Association (2003) and a FMA Fellow in 2004, and was among the inaugural inductees into the Turnaround Management Association's Hall of Fame in 2008. In 2005, Professor Altman was named one of the "100 Most Influential People in Finance" by the Treasury & Risk Magazine.
Professor Altman was one of the founders and an Executive Editor of the international publication: The Journal of Banking and Finance and Advisory Editor of The John Wiley Frontiers in Finance Series. He has published or edited two dozen books and over 130 articles in scholarly finance, accounting and economic journals. He was the editor of the Handbook of Corporate Finance and the Handbook of Financial Markets and Institutions and the author of a number of recent books, including Distressed Securities; and his most recent works, Managing Credit Risk (2nd Ed. 2008), Recovering Risk (2005) and Bankruptcy, Credit Risk and High Yield Junk Bonds (2002).
The Turnaround Management Association is a global non-profit organization comprised of turnaround and corporate renewal professionals with more than 9,300 members in 49 chapters including 31 in North America. TMA's mission is to serve as a forum for corporate renewal professionals from all disciplines to promote high standards of practice, foster professional development, and enhance the image of TMA members. To learn more about TMA, visit our website at www.turnaround.org
To learn more about the conference and/or register to attend, click: http://www.turnaround.org/Events/Calendar.aspx?objectID=3695
For Additional information:
TMA New York
SOURCE Turnaround Management Association of New York