Fund finance
18 January 2021
Comment: NAV facilities: Talk turns to action
While there has been lots of discussion around NAV facilities from buyout private equity managers, transaction numbers are lower than expected, writes Sarah Lobbardi of Avardi Partners
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
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
20 November 2020
EQT secures second ESG-linked sub line
The bridge facility currently sits at €2.7bn and has an upper limit of €5bn
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?
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
24 August 2020
Comment: Navigating capital calls
Lydia Danon and Shelley Drenth of law firm Cooke, Young and Keidan, outline practical steps PE firms ought to be taking to mitigate potential capital call conflicts
20 August 2020
Bluegem secures sub line from OakNorth
The deal marks OakNorth’s first transaction in the fund finance space
10 August 2020
Private Equity Service Provider Awards: Shortlist Announced
Announcing the finalists for the 2020 Private Equity Service Provider Awards
27 July 2020
LIBOR limbo
While it might seem as though there’s plenty of time for managing the transition, if left too late, GPs will have to accept whatever replacement rate they’re given
21 July 2020
Investindustrial secures ESG-linked sub line
Investindustrial’s Fund VII has secured a €600m ESG-linked subscription credit facility
13 July 2020
Lobbardi launches Avardi Partners
Lobbardi has announced the launch of a fully independent fund finance advisor Avardi Partners
11 June 2020
Comment: A decade of fund finance in Luxembourg
More competition plus an increasingly complex regulatory environment requires greater sophistication and specific LPA provisions, writes Wildgen's Michael Mbayi
29 May 2020
Comment: Liquidity solution
Fund finance provides the solution to today's liquidity needs, writes Bronwen Jones and Leon Stephenson, partners at Reed Smith
21 May 2020
Rising LPA amendments
With most GPs needing greater flexibility and more liquidity, there has been a surge in LPA amendments
30 April 2020
More fund finance, secondaries, comms and PR
MJ Hudson's top predictions of trends expected to emerge following the crisis, including new forms of fund finance, recovering secondaries dealflow and better comms
16 April 2020
The Private Equity Editors’ Podcast 2
Hosted by Talya Misiri of Real Deals and Alice Murray of The Drawdown, these podcasts aim to provide insight into what we’re hearing, reading, discussing and discovering through our coverage of the private equity market.
15 April 2020
Nothing to see here: LP defaults are fake news
Following reports of LP defaults, the Fund Finance Association (FFA) has released a statement on current market activity, as well as best practices.
9 April 2020
LPs unsure what capital is being called for
ILPA members have reported confusion over how GPs are using newly called capital and sub lines.
30 March 2020
New powers
The proliferation of fund financing products opens an unexpected path for CFOs to operate in a strategic and value-add manner
30 March 2020
Fund finance to the rescue
CFOs are well aware of the flexibility afforded by fund finance, but in the face of a global pandemic these facilities are proving to be an essential lifeline
20 March 2020
The new PE playbook
McKinsey urges sponsors and their portfolio companies to adjust quickly to the COVID-19 outbreak
16 March 2020
The Profile: Stephen Richmond, CFO Abris Capital
Stephen Richmond tracks his journey from investment director to CFO, and the nuances of operating funds in central and eastern Europe
4 December 2019
Comment: Fund finance and the model LPA
ILPA's recently published model LPA is a step in the right direction but overly-restrictive on fund financing, says Reed Smith's Leon Stephenson
9 August 2019
Leverage in secondaries: friend or foe?
The use of leverage in secondaries is on the rise, but does this little talked about feature of the market represent an important driver for growth and innovation, or a matter for concern?