Avardi is hiring an associate or vice president in London.
Bridge Bank is looking for two Credit Analysts or Senior Credit Analysts to join its Equity Fund Resources team in the New York, Boston, or San Jose offices.
Goldman Sachs is looking to hire a fund financing associate in New York for its Alternatives Capital Markets & Strategy (ACMS) group.
ING is looking for an Associate to join its growing Fund Finance team based in London.
Standard Chartered is looking to hire an Associate Director, Fund Finance with 3-5 years of experience in commercial and/or investment banking or associated disciplines.
Velocity Structured Solutions is hiring Associates for its New York office.
As we usher in spring and hopefully finally say goodbye to the worst of the COVID-19 pandemic, deal volume and overall market activity remain extremely robust. With less than a week to go in an eventful first quarter, we’re seeing sustained growth in fund finance despite broader market uncertainties and geopolitical risk. Here are a few updates as we head into Q2.
The Fund Finance Association this week opened registration for Fund Finance European University 2022, which this year will be held virtually on May 4-5, with an in-person networking event in London on the 5th. The intensive training sessions are designed for sponsors, bankers and lawyers and will now include dual tracks for beginners and those with several years of experience. Please consider supporting both your new people and the FFA by sending participants to FFA U. For more information, click here.
Women in Fund Finance hosted a virtual fireside chat this week on “Navigation and the Redesign of the Future Workplace & Managing Teams Remotely.” The event featured Macquarie Senior Managing Director Erin Ledger-Beaupre, who gave the audience an insider’s look at how she has successfully led Macquarie Asset Management’s Real Estate Investments team on a remote basis. Her team has been successfully functioning in a remote/hybrid environment for over 10 years. The event was moderated by Jeannie Kim, Vice President at Macquarie.
Following a record-breaking year of deals in 2021, including larger funds, new entrants into the market and the evolution of products to meet the wide variety of investor demands, this Walkers article provides jurisdiction-specific insight on how the macro trends seen last year will likely continue throughout 2022.
Wildgen will be hosting a March 31 webinar during which Michael Mbayi and other industry guests will be discussing the negotiation and structuring of NAV facilities. Click here for more information and to register for the event.
Strafford is hosting a 90-minute CLE session on April 14 titled “Private Equity GP and Employee Co-Investment Credit Facilities, Management Lines of Credit: Due Diligence, Structuring and Documentation; Role of Sponsor, Administrative Issues.” For more information, click here.
FUNDfire published an article on the growth of NAV lending, highlighted by coverage of Oaktree’s acquisition of 17Capital earlier this month. The subscription-required article is accessible here.
Goldman Sachs is looking to hire a fund financing associate in New York for its Alternatives Capital Markets & Strategy (ACMS) group. For more info, please visit here.
Two recent news items got me thinking about public pensions, their continued rise in private equity and their sovereign status. The first news item, already widely covered in the media, is the announcement by the Securities and Exchange Commission of new rules requiring (among other things) enhanced periodic disclosure for fees, expenses and performance (including, possibly, reporting performance with and without the use of fund financing). The second news item is the increasing deployment of public pension money in private equity as a long-term secular trend.