Banks
20 March 2023
WATCH: Liquidity strategies in a high interest rate environment
Our recent webinar discussion, exploring liquidity management and counterparty risk
13 March 2023
SVB downfall: everything you need to know, including support and solutions
HSBC has acquired the UK bank, taking on its £5.5bn loan book and £6.7bn in deposits
10 March 2023
SVB woes: what does it mean for fund finance?
Given SVB’s exposure to the private capital fund space, many in the market are understandably concerned about what this latest announcement will mean for them
10 March 2023
Eurazeo partners with Moonfare
Eurazeo aims to use Moonfare’s digital platform to expand fund distribution to wealth managers across Europe
28 February 2023
MassMutual direct lending arms transition to Barings
The transition of MassMutual’s Direct Private Investments (DPI), and MassMutual Asset Finance (MMAF) aims to expand investment solutions for institutional investors
12 January 2023
KBRA reports relative resilience for 2023
Rating agency highlights stability in the private equity and credit sectors
9 November 2022
GenTwo partners with Apex’s EDB
The partnership aims to facilitate banking services for institutional investors
1 September 2022
Comment: The world has changed - how are lenders and markets reacting?
With great challenge comes great opportunity, writes Mohith Sondhi, senior director – debt finance at OakNorth Bank
17 August 2022
PE firms under pressure to outsource
There has been a significant increase in enquiries from PE firms looking to outsource since last year, Ocorian reports
10 August 2022
Data analytics should be top priority for service providers
EY believes off the shelf solutions will no longer work to achieve GPs’ data requirements
8 August 2022
Apex rolls out EDB digital banking platform
Clients can open multi-currency accounts and manage day-to-day transactions through automated market money sweeps from a single dashboard
8 August 2022
Champions league
The Drawdown Awards recognise the very best in private equity operations, awarding outstanding service provision and operational leaders.
4 August 2022
BOE interest rate hike to impact valuations
“I think we can expect to see the interest rate hike exert some downwards pressure on valuations, though how much is difficult to forecast given the broader market conditions.”
1 June 2022
Capital calls hit 10-year low
Reduction in the frequency of drawdowns driven by increased use of subscription lines
31 May 2022
Campbell Lutyens bolsters GP capital advisory offering
The practice has made three new hires; Edouard Chu, Allone Taieb and Linh Nguyen
30 May 2022
Fund finance tracker: 2nd edition
The latest instalment of the Fund Finance Tracker found tightening of NAV loan amounts and increased activity for GP facilities
18 May 2022
Comment: Fund forecast
Mohith Sondhi of OakNorth Bank shares his top predictions as macroeconomic challenges intensify
26 April 2022
Intapp and KPMG AG announce strategic alliance
Partnership aims to accelerate digital transformation for professional services and capital markets firms
7 April 2022
RBS International appoints head of institutional banking offshore
Susan Fouquier has taken up the newly created role in Guernsey
18 March 2022
5 minutes with… Birchstone Markets
We caught up with Devonshi Mody and James Arnold of Birchstone to find out about their connected treasury offering.
9 March 2022
Fund finance: structural innovations
Investec’s Helen Griffiths and Oliver Bartholomew discuss key structural developments for capital call facilities, including cost savings awarded by the master facility agreement, the importance of GP credit ratings, and continuation vehicle solutions.
3 March 2022
HSBC launches digital administration platform
The platform provides GPs and LPs with digital workflow and reporting solutions
24 January 2022
Domicile watch: January 2022
Key takeaways from the major PE domiciles: including the FCA's approach to EU firms temporary UK operations, Central Bank of Ireland's outsourcing guidance, Jersey fee changes and The Bahamas removal from the EU's blacklist
13 January 2022
Intertrust’s Maton joins Alpha FX
Maton will lead the firm's new Luxembourg office, which is expected to be fully established later this year
4 January 2022
FX hedging: art or science?
FX hedges provide vital protection on precious returns, but can be tricky to arrange, mainly due to liquidity restraints
6 December 2021
WATCH: Mind the liquidity gap: How to hedge
A recent webinar discussion explored the purposes of FX hedges, who is best placed to do them, tackling liquidity constraints and setting up hedges internally or using an outsourced provider
10 November 2021
5 minutes with… Rory Smith, Brickfield
Founder of Brickfield Recruitment, Rory Smith, discusses his journey into fund finance and why it’s such a special market to work in
18 October 2021
LISTEN: Private debt’s next stage of maturity
Direct lending has come a long way in a short period of time
11 October 2021
Profile: Sam Marsh, Alpha
The senior partner discusses the firm's newly-launched global accounts solution, aimed at bringing efficiencies when setting up international business accounts and SPVs
29 September 2021
Alpha FX launches alternative banking platform
Solution allows GPs to open overseas bank accounts in less than a week
24 September 2021
The Drawdown Awards 2021: Winners announced
Congratulations to the winners of our recent 2021 Drawdown Awards
7 September 2021
Carlyle secures €2.3bn ESG-linked facility
Revolving credit facility is linked to boosting board diversity, tackling climate change and ESG-competent training
27 July 2021
ICG secures €1.45bn ESG-linked sub-line
Facility was provided by Standard Chartered Bank, BNP Paribas, ANZ Banking Group, ING Bank, and Royal Bank of Canada
8 July 2021
The Drawdown Awards 2021: Finalists Announced
Thank you to everyone who entered, and a massive congratulations to all those that made the shortlist
15 June 2021
Investec’s Mansy joins Macquarie
Investec is winding down its operations in Australia to focus on the UK and South Africa
11 June 2021
HSBC’s King joins RBS International
Neal King will oversee new business from NatWest’s trustee and depositary services traditional fund management clients
2 June 2021
Waterland closes €500m ESG-linked bridge loan
"We are rapidly moving towards a world wherein all finance is linked to sustainability in one way or another"
26 May 2021
Cadwalader’s Cross joins Addleshaw Goddard
Cross joins from Cadwalader, Wickersham & Taft where he was part of setting up the law firm’s fund finance practice in Europe
26 May 2021
Nordic Capital secures ESG-linked facility
The revolving facility is linked to Nordic Capital Fund X, which closed on €6.1bn in October 2020
10 May 2021
AlpInvest secures ESG-linked sub-line
ABN AMRO arranged the facility while Rabobank acted as sustainability co-ordinator
22 March 2021
Fund Finance Provider award winner: Raiffeisen Bank International
RBI's William Lamain explains why being one step ahead is vital in the competitive fund finance space
1 March 2021
The Perfect Match: Finding the ideal fund finance solution partner
OakNorth's Mohith Sondhi details a recent subscription line facility placed with private equity firm Bluegem
18 February 2021
The ins and outs of outsourcing: An evaluation guide for selecting the right vendor
InCloudCounsel CEO of co-founder Troy Pospisil says firms must "ask the tough-but-important questions about the service provider’s team, products, and business"
21 January 2021
Private Equity Service Provider Awards: Winners announced
Winners of the Private Equity Service Provider Awards revealed
21 December 2020
WATCH: Perfect match: finding the ideal fund finance solution
Mohith Sondhi of OakNorth Bank and Emilio Di Spiezio Sardo of Bluegem Capital Partners discuss a how a recent subscription line facility was put in place
14 December 2020
Class of 2020
A cross-section of industry practitioners share their greatest lessons of this year
10 December 2020
2020 in review: Fund finance goes mainstream
A look back at fund finance and all its various iterations throughout 2020
30 November 2020
Vauban raises £1.6m seed funding
Backers include Pi Labs, Kima Ventures, Westloop Ventures, Argonautic Ventures and UFP Fintech.
30 November 2020
5 minutes with…Doug Cruikshank, Head of Fund Financing and Hark Capital at Aberdeen Standard Investments
Hark Capital’s Cruikshank discusses the evolution of the NAV facilities market, and why it’s more important now than ever
23 November 2020
5 minutes with.. Rémy Astié, founder & CEO of Vauban
The Drawdown caught up with Vauban’s founder and CEO Rémy Astié to find out how the platform came about and why SPV account solutions are so important
17 November 2020
SMBC invests $30m in OakNorth
In addition to the investment, OakNorth has partnered with SMBC to launch its credit intelligence software
9 November 2020
Find & Seek: follow-on funding
CFOs seeking follow-on funding in order to preserve value have multiple options, but which is the winning strategy?
3 November 2020
U.S. Bank launches alts fund services in Luxembourg
The office will provide fund administration, depositary and banking services to funds in Luxembourg
22 October 2020
Fund managers fall short on governance
A large number of previously authorised fund managers have failed to implement the governance framework set out by the Central Bank of Ireland
13 October 2020
WATCH: No place like home: finding the right fund domicile
Predictability, reliability and quality are key components, according to our expert panel
12 October 2020
Held to account: why is it so hard for PE to open bank accounts
GPs are waiting up to nine months to open SPV accounts, and its easy to see why
28 September 2020
5 minutes with… Mohith Sondhi, OakNorth Bank
The senior director of debt finance explains why the bank is branching out into fund finance, what differentiates OakNorth from other players already in this space and how Covid-19 has opened up new opportunities