Editor’s Letter

Greetings. This is my first issue as editor of The Journal of Structured Finance. I am excited to be taking on a larger role with the journal and to be able to contribute toward extending its reach and success. I am looking forward to working with the authors, the journal’s Editorial Board, and the team at Institutional Investor Journals.

If you’re reading this journal, you are likely an inquisitive and analytic professional in the field of structured finance. As such, you might well be the kind of individual who can sustain and advance the field by sharing insights and know-how by writing an article for the journal. I encourage you to do so and invite you to submit manuscripts through the journal’s website.

This issue of the JSF focuses primarily on off-the-run asset classes: aircraft, single-family rental, PACE (solar) loans, toll roads, and whole-business securitization. It also includes an article on hedging for merchant power plants and my own report on the ABS East 2015 conference, held in September.

In future issues, the journal will continue to cover a broad mix of subjects, including mortgages, mainstream ABS asset classes, CLOs, and project financings. Anything within the realms of securitization and project finance falls within the journal’s scope. From time to time, however, we may devote certain issues of the journal to specific themes, such as residential mortgage securitization.

Finally, I would like to acknowledge Hal Davis for his years served as the journal’s editor from 1999 through the Fall 2015 issue. Hal edited the journal during the securitization glory days of the early and mid 2000s, during the 2007–2008 financial crisis, and through much of the aftermath, until now. The journal could not have achieved its success during that time without his able stewardship.

Mark Adelson

Editor

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