Fund finance
25 May 2023
Deep dive on Alpha’s fund finance solution
Following the recent announcement of Alpha Group’s new fund finance solution, we sit down with Sam Marsh, MD institutional, and Adam Heaysman, who is heading up the new offering, to find out more
15 May 2023
NAV financing: volumes increase but total value falls
New figures reveal an uptick in the number of NAV transactions for 2022, however the total value of deals dropped by 12.5% on the previous year
11 May 2023
Alpha Group launches fund finance arm
The division will be led by Adam Heaysman, who joins Alpha from Raiffeisen Bank
2 May 2023
Pitchbook incorporates LCD research
The integration will allow platform users to access analysis on leveraged loans, bonds, CLOs and private credit
12 April 2023
Coller completes GP-stake sale
Hunter Point Capital has acquired a minority stake in the secondaries house
3 April 2023
Lloyds Bank appoints head of financial sponsors syndicate
William A. Lamain joins from Raiffeisen Bank
20 March 2023
WATCH: Liquidity strategies in a high interest rate environment
Our recent webinar discussion, exploring liquidity management and counterparty risk
15 March 2023
Less black and white
GP/LP relationships are becoming increasingly nuanced, with management fee rates more dependent on strategy, increased organisational expenses and a decline in no-cause removal clauses
14 March 2023
Onwards and upwards
We spoke to John Stake, managing director at Hamilton Lane, to discuss the latest findings and predictions in the firm’s 2023 Market Overview
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
7 March 2023
LPs recalibrating risk appetite
Adams Street Partners’ 2023 Global Investor Survey highlights increasing LP scrutiny and an increased demand for private credit opportunities
6 March 2023
Déja vu?
Collateralised fund obligations (CFOs) have been lauded as a vital route for insurance firms to play in the fund finance space - but their future, especially in Europe, is uncertain
3 March 2023
Morgan Lewis opens second Germany office
The office will be launched by three partners – Florian Harder, Florian Ziegler and Jann Jetter
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
20 February 2023
VC cap table complexity
For late-stage venture investors, creating and maintaining cap tables to ascertain a true understanding of what the fund ownership is, is a major challenge
17 February 2023
5 minutes with… José Zudaire, managing director of SpainCap
We spoke to the managing director of Spain’s PE and venture capital association SpainCap, to understand its key aims for 2023
15 February 2023
AMF calls for more stringent SFDR regulations
French financial watchdog proposes the introduction of minimal environmental requirements
13 February 2023
Taking stock: The quest for fair value
As high inflation and interest rates jostle the economy, the fundamentals of fair value in a volatile market need readjusting for accurate valuations
3 February 2023
Sun, sea and… startups!
The Spanish Startup Act aims to boost growth in the startup ecosystem with enticing tax relief for GPs
2 February 2023
Ogier promotes fund specialist to partner
Richard Bennett provides legal advice on Cayman and British Virgin Islands laws
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 tokenisation
As GP appetite for tokenisation 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