Private Funds CFO published an article titled “Investors Reluctant to Curb Credit Line Use – Lawyer.”
Zoë Hallam of Walkers Guernsey wrote an article for Asset Servicing Times titled “Beyond Subscription Lines: Fund Financing Trends Spreading Across the Atlantic.”
Zac Barnett, Managing Partner of Fund Finance Partners, authored an article this week on subscription facilities.
Below is a look at what we are reading this week outside of the four corners of Fund Finance.
Standard Chartered is seeking a Director of Fund Finance for its Financial & Strategic Investors Group.
The Charlotte office of Cadwalader is seeking an associate for its Fund Finance practice.
Here are updates to our Fund Finance Calendar.
Writing as the dawn breaks and looking out from Hong Kong Island over the harbour, Kowloon and the mountains beyond (without a doubt, one of the most spectacular city views anywhere in the world), it is great to have had the opportunity to come back to this beautiful, vibrant city and to now offer some comments on the just completed Fund Finance symposium and to reflect on what was said about the market in Asia Pacific and the opportunities and challenges that lie ahead.
At the European Secondaries Summit in London this week, delegates from the secondaries world revealed their views on what is driving growth in the secondaries market, challenges facing the market and key emerging trends.
In the subscription finance space, the secured party’s security interest in the right to make, issue, and enforce capital calls on the borrower’s investors and to receive the resulting capital contributions is governed by Article 9 of the Uniform Commercial Code (the “UCC”) and is perfected by the filing of a UCC-1 financing statement in the applicable jurisdiction(s).
Real Deals published an article earlier this week focusing on preferred equity structures with a case study on the recent EUR105m Palamon/Pomona transaction in Europe, which was supported by leverage from Investec.