After several relatively quiet weeks in fund finance, this week was anything but. Perhaps in anticipation of next week’s European Symposium, press reports addressing aspects of fund finance seemed to pop up daily. And the markets were very active—a number of deals that had been on a slow burn moved to mandate this week. The headline press came from private equity data provider Preqin.
The Cayman Islands office of Conyers Dill & Pearman this week published a Fund Finance thought leadership piece titled “The New Cayman Regulatory Landscape – What Questions Should a Lender Ask?”
A recent note from law firm Matheson focuses on the limitations around credit support provided by Irish funds to third-party entities or subsidiaries that are not fully owned.
The 5th Annual European Fund Finance Symposium takes place next week in London and the FFA this week released the Agenda.
Fund finance received some attention in the press this week. We highlight three articles.
Matthias Jahnke was recently promoted to the Head of U.S. Originations and Co-Head of US client coverage in the subscription finance group at Wells Fargo. FFF caught up with Matthias this week to bring you another installment in our Player Profile series featuring leaders in the industry.
Ian Shanks has spent over two decades in private equity as both a lender and equity provider. His experience dates back to building the Bank of Scotland's fund finance business in the early 2000s, and then later selling more than $1.5 billion of PE assets during the financial crisis. Today, Ian leads the fund finance business at Aberdeen Standard Investments.
Société Générale is seeking to hire a junior-level team member to support its subscription finance practice; Stifel looks to add a Fund Banking Associate.
Alexandra Woodcock joins the fast-growing Mourant team in the Cayman Islands.
Here are updates to our Fund Finance Calendar.