A recent note from law firm Matheson focuses on the limitations around credit support provided by Irish funds to third-party entities or subsidiaries that are not fully owned.
The 5th Annual European Fund Finance Symposium takes place next week in London and the FFA this week released the Agenda.
Fund finance received some attention in the press this week. We highlight three articles.
Matthias Jahnke was recently promoted to the Head of U.S. Originations and Co-Head of US client coverage in the subscription finance group at Wells Fargo. FFF caught up with Matthias this week to bring you another installment in our Player Profile series featuring leaders in the industry.
Ian Shanks has spent over two decades in private equity as both a lender and equity provider. His experience dates back to building the Bank of Scotland's fund finance business in the early 2000s, and then later selling more than $1.5 billion of PE assets during the financial crisis. Today, Ian leads the fund finance business at Aberdeen Standard Investments.
Société Générale is seeking to hire a junior-level team member to support its subscription finance practice; Stifel looks to add a Fund Banking Associate.
Alexandra Woodcock joins the fast-growing Mourant team in the Cayman Islands.
Here are updates to our Fund Finance Calendar.
The Alternative Reference Rates Committee ("ARRC") recommended contractual fallback language for U.S. dollar LIBOR-denominated bilateral business loans and securitizations. These recommendations follow the ARRC's April 2019 recommended fallback language for floating rate notes and syndicated loans.
The Cadwalader London Fund Finance team’s inaugural European Fund Finance Review took place earlier this week.