Our London team hosted a special private function for their clients and families on 12 October with performances from entertainers, including a private performance from leading comedian and “8 out of 10 Cats star” Sean Lock and a few other famous faces!
Offshore law firm Ogier earlier this week published an article about Powers of Attorney as a component of a subscription line lender’s security package.
The Wall Street Journal published an important analytical article on bond ratings earlier this week that may have been overlooked because of its Sunday publication.
More than 450 leaders from the financial services, investment management, private equity and legal communities attended Cadwalader’s fourth annual Finance Forum yesterday at the Ritz-Carlton in Charlotte.
The last several weeks have been very active for the fund finance markets: for me, including a trip to London, the Finance Forum in Charlotte, and the FFA finalizing and announcing its headline speakers for the 2020 Global Symposium. Below are some of my observations.
In the 27th September edition of FFF we ran an article reporting on the 3rd Annual Asia-Pacific Fund Finance Symposium. Among other things, the article predicted a very exciting future ahead for the Asia-Pacific market. It has not taken long for that future to become reality, with the announcement of an ING fund financing facility pegged to sustainability performance.
Fund count up, capital raised down has been the theme for fundraising so far in 2019 based on Q1-Q3 data from Private Equity International, a theme that foots with our experience in fund finance in the first three quarters.
An essential part of any facility (many would say, the fundamental part) is the question of what utilisations under the facility are actually going to be utilised for.