named programs · 6 · from sources
What they call their work
Annual Conference
Flagship in-person event featuring industry leaders and LSTA experts discussing corporate loan market trends, with breakout sessions and networking opportunities
Committees & Working Groups
Member-driven groups that develop consensus on market practices, documentation, and policy positions affecting corporate lending
Fixed Income Alternatives Conference
International conference held in Dubai during Dubai Future Finance Week, connecting U.S. and European asset managers with Gulf-based investors and financial institutions
LSTA University
Curriculum-based education program with three levels of content—foundational, intermediate, and advanced—covering corporate lending structures, processes, and market impacts
SOFR Calculator
Online tool for members to calculate the average Secured Overnight Floating Rate (SOFR) for trade settlement in accordance with LSTA standards
Summer Series
Annual three-week virtual program offering 12 sessions on corporate lending fundamentals for new entrants and professionals with 1–2 years of experience; includes CLE credits
activities · 6 groups
What they do
-
Industry Advocacy and Regulatory Engagement 3 activities
- Advocacy for fair and standardized corporate loan marketsAdvocates for fair, orderly, and efficient corporate loan markets by developing and publishing policy positions, comment letters, and market advisories; engaging in regulatory advocacy in Washington, D.C.; and promoting standardization and equity in corporate lending practices.
- Establishing binding market standards for distressed tradesEstablishes and publishes binding shift dates for distressed trades with step-up provisions, which are required to be used by all participants in the corporate loan market, thereby ensuring consistency and transparency in trading practices.
- Producing standardized legal and operational documentationDevelops and maintains standardized credit agreement forms, legal provisions, regulatory guidance, and operational protocols to improve efficiency and consistency in loan documentation, settlement, funding, and maintenance processes.
-
-
Industry Research and Benchmarking 1 activity
- Conducting original research and market analysisProduces original commentary, analysis, and data on corporate lending developments, including pricing trends, indices, trading and settlement coverage, and policy changes, distributed through newsletters and market advisories to enhance transparency and decision-making.
-
-
Professional Networking Events 1 activity
- Organizing conferences, webinars, and networking eventsHosts an annual conference and virtual events featuring industry experts, including panels, breakout sessions, and webinars, to connect market participants across regions and facilitate knowledge exchange and networking opportunities.
-
-
Credit Union Financial Services 1 activity
- Providing SOFR calculation toolsOffers a SOFR Calculator tool that enables members to determine the average Secured Overnight Floating Rate for a specified period to support cost of carry calculations and other financial modeling needs.
-
-
Professional Certification and Continuing Education 1 activity
- Providing educational programming and professional developmentOffers a comprehensive educational curriculum through LSTA University, including foundational, intermediate, and advanced-level content; hosts an annual three-week virtual training program for early-career professionals; and provides access to CLE credits, podcasts, and archived event materials to support ongoing learning.
-
-
Uncategorized 1 activity
- Providing direct member support servicesOffers members one-on-one access to LSTA subject matter experts and trained mediators to assist with dispute resolution and technical guidance on corporate lending matters.
-
financials · form 990 · fy2024
revenue
Total revenue$17.59M
Contributions & grants$00%
Program service revenue$12.87M73%
Investment income$1.23M7%
Other revenue$3.48M
expenses
Total expenses$14.25M
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$9.31M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$53.46M
Cash$5.63M
Investments$38.57M
Liabilities$18.19M
Net assets$35.26M
Liquid reserves37.2 mo
5 years on record · 2020–2024 · YoY revenue +3.4%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 13
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| LEE SHAIMAN | CEO AND EXECUTIVE DIRECTOR | 40 | $1.29M |
| ELIOT GANZ | HEAD OF ADVOCACY | 40 | $871K |
| BRIDGET MARSH | EVP AND GENERAL COUNSEL | 40 | $774K |
| TESS VIRMANI | DEPUTY GENERAL COUNSEL AND EVP HEAD OF POLICY | 40 | $723K |
| THEODORE BASTA | EVP OF MARKET ANALYTICS | 40 | $711K |
| ELLEN HEFFERAN | EVP OF OPERATIONS AND ACCOUNTING | 40 | $639K |
| LISA SCHNEIDER | EVP OF MEMBERSHIP | 40 | $568K |
| MEREDITH COFFEY | EVP OF MARKET RESEARCH AND POLICY | 40 | $501K |
| SEAN GRIFFIN | CEO AND EXECUTIVE DIRECTOR | 40 | $404K |
| HUGO PEREIRA | VP OF MARKET ANALYTICS | 40 | $334K |
| ANDREW BERLIN | VP, DIRECTOR OF POLICY RESEARCH | 40 | $318K |
| LORENA DELUCA | DIRECTOR OF EVENTS AND SPECIAL PROJECTS | 40 | $217K |
| ELIZABETH YAZGI | ASSOCIATE GENERAL COUNSEL | 40 | $178K |
board members · 12
- ALEX NABOICKECK — VICE CHAIR & TREASURER
- ALEXANDER STROMBERG — CO-CHAIR
- CARLY WILSON — VICE CHAIR & SECRETARY
- DAVID LERNER — CO-CHAIR
- DAVID MECHLIN — DIRECTOR
- DEE GREENBERG — DIRECTOR
- FRANCIS SUTTER — DIRECTOR
- GREGORY ROBBINS — DIRECTOR
- JAMES VANEK — DIRECTOR
- JEFF WARREN — DIRECTOR
- JEREMIAH LANE — DIRECTOR
- KEVIN WHITE — DIRECTOR
relationships · 6
Who they work with
- DIFC Partner — Co-organizes the Fixed Income Alternatives Conference as part of Dubai Future Finance Week.
- LSTA Network — Organization hosting advocacy and transparency-focused websites.
- LSTA Members Network — Organization provides services and tools specifically to its member institutions.
- LSTAShiftDates@lsta.org Partner — Point of contact for submitting shift date requests related to distressed trades.
- New York Hilton Partner — Venue host for the LSTA Annual Conference 2026.
- New York State Government — Provides CLE credit eligibility for event participants through New York State accreditation.
strategies · 2
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Market-Participant Balance and Collaborative Standardizationmethodology: collaborative_governanceBy convening market participants to build consensus on standards and practices, the organization promotes fairness, order, and efficiency in corporate loan markets because shared governance leads to equitable and widely adopted rules that benefit all stakeholders.
- Tiered, Credit-Bearing Professional Development Modelmethodology: tiered-learning-pathwayBy offering structured, credit-bearing educational programming in tiered levels of complexity, the organization enhances professional development and member engagement because progressive learning supports career-stage-appropriate mastery and incentivizes continued participation.