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Fund Finance Hiring

Morgan Stanley is seeking to hire a high-potential Lending Transactor.

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Women in Fund Finance is pleased to hold the first "Wit & Wisdom Series" meeting in London, connecting senior women in the fund finance industry with junior members for intimate breakfast discussions.

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Here are updates to our Fund Finance Calendar. 

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"ILPA Principles 3.0: Fostering Transparency, Governance and Alignment of Interests for General and Limited Partners" (Principles 3.0) hit the press yesterday. The subscription facility-related recommendations had been fairly well-telegraphed. We summarize the key provisions. 

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Player Profile

Spencer is a Relationship Director within the Institutional Banking business of RBS International. He has been operating in the Funds space since the mid-2000s and has developed a portfolio of clients that now incorporates primary and secondary private equity funds and private debt managers.   

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Private Equity International published an article, titled “Fund Credit Lines: How to Compare Apples with Apples,” by guest writer Neil Harper.

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The Luxembourg office of NautaDutilh published a fund finance think piece titled “Towards A Mature Market for Fund Finance in Luxembourg.”

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By Chelsea Bruno | Wells Fargo Bank, N.A.

WFF hosted a drinks, nibbles and networking event last week at the beautiful Ham Yard Hotel in SoHo. This was the second event hosted by WFF in London this year, and the event was well-attended by a mix of professionals from sponsors, banks and law firms.

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Outside the Lines
By Michael Mascia
FFA Board Member

I had lunch with Jonathan Gray, who leads East West Bank’s fund finance business, early in 2019. He told me about how his father fought in Tunisia when the United States first entered World War II, and how he and his family recently have been traveling to North Africa and Europe to retrace his dad’s steps. I was pretty captivated. (I’m trying to twist his arm to write a column about it.) I had been looking to do something around the 75th Anniversary of D-Day besides watching Saving Private Ryan for the 11th time so I asked for a reading recommendation. Jonathan suggested An Army at Dawn by Rick Atkinson. 

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We can pack in some serious substance on a Friday (not necessarily everyone’s peak time for absorbing a nuanced discussion on complex financial products). Here’s a recap of original substantive pieces from recent issues for easy reference.

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