Private Equity International published an article titled “NAV facilities’ potential in emerging markets.” The article explores the benefits NAV facilities provide for funds in emerging markets. It also highlights risks particular for these facilities, such as exposure to local currency and financial covenants.
Tune back in to “ESG Fund Finance,” the fourth session of Wildgen’s Fund Finance Webinar Series hosted by Michael Mbayi. Michael is joined by industry leaders Vicky Du (Standard Chartered), Guillaume Ferrer (Credit Agricole CIB), Jonathan Harvey (Investec), and Katie McMenamin (Travers Smith) as they discuss ESG-linked subscription credit facilities and other ESG-focused fund finance solutions.
First Republic Bank is looking for an experienced Credit Analyst or Senior Credit Analyst to join the Private Equity Finance team in New York.
Despite all the October uncertainty around a stimulus package, the elections and a vaccine, Fund Finance continued its steady consistency into the 4th Quarter. Below are our recent transaction observations as well as our updates on the market more broadly.
In this week’s Fund Finance Friday: Industry Conversations, Sammy Asoli, the newly minted Global Head of Subscription Secured Finance at SMBC, joins Mike Mascia and discusses his new role, virtual leadership, what they are seeing in the market, predictions for 2021 and taking garden leave during a global pandemic.
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Mourant this week published an article on the requirement under Cayman Islands law to give notice to the Limited Partners to perfect security in uncalled capital. The article discusses the legal requirements for the notice, market practice, and comparisons with Guernsey and Jersey.
The FFA Next Gen New York team is pleased to announce an upcoming panel on the “New Normal” in New York Real Estate on Tuesday, October 20 at 10:30 a.m. EST. This panel will bring together seasoned finance and commercial real estate veterans to share their experiences and insights into the state of play for New York’s commercial real estate market during the COVID-19 pandemic.
Brickfield Recruitment, the only talent acquisition company specialising in the fund finance sector, has made its Fund Finance Bankers Compensation Report, originally published in 2019, available for free download in PDF format from its website.
ANZ is looking for an experienced (7+ years) fund finance specialist to join the Research & Analysis team within the Financial Institutions Group, based in London. R&A supports deal structuring and credit process.
As financing activity in the hedge fund and private equity fund space continues at a robust pace, we are seeing a significant volume of requests for more bespoke financings. Among those requests has been a steady stream of inquiries and questions from lenders regarding management fee facilities. We discuss below what a management fee line is and highlight some of the issues we frequently discuss with clients looking to provide such facilities.