Fund finance
24 January 2023
Simpson Thacher appoints financial regulatory lawyer
Stephanie Biggs joins from Travers Smith to co-lead the firm’s European financial services and funds regulatory team
23 January 2023
Core opens for business
The company offers a range of fund administration services for GPs based in Guernsey
23 January 2023
Pantheon appoints chief financial officer
Dean Maines joins the firm as CFO and partner, as two senior operations team members are promoted to partner
23 January 2023
Tackling tokenization
As GP appetite for tokenization increases, concerns around liquidity, security and regulation need demystifying
20 January 2023
Ares Capital appoints first COO
Jana Markowicz is appointed to the newly created role after 18 years’ service at the firm
19 January 2023
Venn enhances portfolio analytics platform
The platform’s interpolation functionality uses a public market proxy to deliver an approximated daily return stream for the private market
17 January 2023
IDR launches next-generation fund subscription
The service aims to provide a smooth fund subscription service that easily connects GPs and LPs
17 January 2023
Apex acquires Luxembourg’s ALFI Partners
The acquisition aims to deliver a cross-border fund-distribution solution
12 January 2023
KBRA reports relative resilience for 2023
Rating agency highlights stability in the private equity and credit sectors
12 January 2023
Capital-raising punishment: Painful process
A sleek and streamlined onboarding process is vital to make sure hard-won commitments aren’t scared off
9 January 2023
Highvern Ireland to offer fund administration services
The Central Bank of Ireland has granted the firm regulatory approval for fund administration services
9 January 2023
RedeWire portal to tackle restrictive marketing rules
Built against a backdrop of complex marketing regulations and tough fundraising conditions, Rede’s new LP portal gathers new fund offerings in one place
6 January 2023
Neutral horizons
Invesco’s 2023 Investment Outlook predicts a neutral valuations environment for the year ahead, despite tricky market conditions
5 January 2023
Pinsent’s Bowen joins K&L to launch Dublin office
Gayle Bowen is joined by Shane Geraghty and Michelle Lloyd as founding partners
5 January 2023
Column: Smooth operator
In a challenging fundraising environment, operational leaders must ensure the machine room is running smoothly, writes Dörte Höppner, chief sustainability officer at The Riverside Company
20 December 2022
“Stabilised volatility” on the horizon, says EY
EY predicts the most likely geopolitical developments for PE in 2023 and successful strategy to manage them
15 December 2022
A piece of the pie
As the alternative assets sector becomes more attractive for DC pension schemes, fund managers are tasked with scaling up to accommodate liquidity management
13 December 2022
UNPRI et al. push for biodiversity
150 financial institutions have called on world leaders to adopt Global Biodiversity Framework at COP15
12 December 2022
Edinburgh reforms cement UK financial divergence
The Chancellor of the Exchequer revealed more than 30 regulatory reforms to the UK financial industry to drive competitiveness and growth
25 November 2022
Oak Group makes two appointments
Oak has hired Belinda Ridout as director of client accounting and Hannah Crocker as company secretary
24 November 2022
In conversation: Stake house
Highlights from a recent roundtable discussing the evolution of GP stake sales and what value they can bring to private equity firms
22 November 2022
Valuations decrease predicted for Q4
Macroeconomic instability causes valuation concerns for GPs and LPs as Q4 year-end reporting approaches
15 November 2022
Agilitas appoints two finance team members
Mia Sendlbeck and Sam Berry have joined as finance director and finance manager, respectively
11 November 2022
Aztec Group hires non-executive director
New York-based Eric Bernstein has joined the fund administrator’s board
7 November 2022
Reed Smith hires partner from Kirkland & Ellis
Romin Dabir joins the firm’s Financial Industry Group
3 November 2022
Saunders re-joins Goodwin
Fund finance specialist Ed Saunders returns to Goodwin after three years at Mayer Brown
3 November 2022
Validus appoints head of fund finance advisory
Gianluca Lorenzon joins from Boyak Advisors where he was a director
24 October 2022
LISTEN: Changing approaches to liquidity management
How are private fund CFOs evolving their approach to liquidity management?
20 October 2022
Kroll expands Duff & Phelps Opinions team in London
Their primary focus will be fairness opinions for GP-led secondaries
6 October 2022
Hamilton Lane to offer tokenization
Partnership with Securitize will digitally expand investor access to its funds via new tokenized feeder funds
12 September 2022
The most influential fund finance experts of 2022
Charting the market’s movers and makers
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
25 August 2022
Shanks joins NLC
Ian Shanks joins fund finance lender No Limit Capital as senior adviser and chair of the investment committee
22 August 2022
TDA 2022 Fund Finance: Provider winner: Investec
We explore the firm's mid-market focused full-service offering for private equity which sets it apart from its peers
22 August 2022
TDA 2022 Fund Finance: Advisory winner: Haynes Boone
We explore how Emma Russell has propelled Haynes Boone’s offering to one of the most well-known and well-respected teams in the world
19 August 2022
TDA 2022 Legal: Fund Formation winner: Travers Smith
Sam Kay, funds partner at Travers Smith describes what's enabled the firm to have such a deep understanding of the market
18 August 2022
TDA 2022 Foreign Exchange Services winner: Alpha FX
The team describe the way in which every aspect of their business is dedicated to the needs of the alternative investment industry
9 August 2022
TDA 2022 Advisory/Consultancy: Fundraising winner: Asante Capital Group
The placement agent's team explains how they support each and every project to ensure their clients are successful
18 July 2022
Legal lowdown: Sam Kay, Travers Smith
Partner and head of investment funds discusses PE’s evolution since 1998, the importance of carry, along with the challenges of labelling funds in relation to SFDR and the Taxonomy Regulation
22 June 2022
LP appetite for PE suffers sharp decline
The Rede Liquidity Index score has decreased from 70 in 2021 to 55 for H1 2022 signalling a sharp fall in LP investor appetite.
20 June 2022
Failure rate for GP-leds exceeds 50%
The uptake in GP-led strategies have continued to rise despite a significantly high failure rate - - said panellists at SuperReturn
8 June 2022
Cinven secures €4bn ESG-linked sub line
The sustainability linked loan will support portfolio company ESG initiatives
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
13 May 2022
17Capital promotes Shahin to partner
General counsel Emad Shahin has been at the firm since 2019
12 May 2022
Profile: Susan Wilkins, Actis
The COO discusses her pathway from Actis portfolio company to the GP, taking over management of Abraaj funds and her role as a member of the inclusion & diversity committee
28 April 2022
Circularity secures first ESG-linked facility
The firm has put a fund finance facility in place to provide more flexibility for future investment processes
7 April 2022
Pemberton launches NAV offering
The lender has hired 17Capital’s Thomas Doyle to lead its new NAV financing strategy
30 March 2022
Nominations open for the Most Influential Fund Finance Experts
The Drawdown is launching a new report, celebrating the most influential players in the fund finance market - nominations are now open
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.
11 March 2022
5 minutes with… Derivative Path
Brett Morrell & Ciccy Yang discuss how the technology-focused business supports private equity risk management
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.
7 March 2022
A new asset class arrives
At the recent Fund Finance Association Symposium, held in Miami last month, it's clear that this market is no longer a subset of the private funds industry, but rather a burgeoning asset class in its own right
12 January 2022
Crestline closes sophomore portfolio financing fund
$1bn fund focuses on fund finance including NAV loans and preferred equity
6 January 2022
Pressure point
The explosive growth of the fund finance market has hugely benefited the private capital fund industry. But with banks straining to keep up with growing demand, where next for capital call facilities?
9 December 2021
Triton secures €1.455bn ESG-linked fund facility
New facility is earmarked for speeding up ESG efforts in Triton V, a €5.2bn fund closed in 2018