We are thrilled to announce Cadwalader will be hosting the Capital Call Securitization Conference in our New York office on Thursday, April 3. Space is limited, RSVP now to save your spot!
In the evolving fund finance market, lenders are constantly assessing ways to mitigate risk and enhance credit support in order to provide for the smooth operation of subscription-based credit facilities. One such credit enhancement that is experiencing a resurgence in this space is the parent comfort letter – a type of credit support in the form of an affirmation letter from an investor’s parent entity that provides lenders with additional assurances about such investor’s financial backing without creating direct recourse to the Parent. The question begs: Why would a lender accept a non-binding Comfort Letter over a stronger contractual obligation from the Parent?
In this article, we’ll explore how Comfort Letters impact fund finance facilities and distinguish them from other forms of credit enhancement tools.
With a record-breaking 2,500+ attendees, the 14th Annual Global Fund Finance Symposium in Miami was packed with valuable insights on the evolving fund finance market.
If you missed our recaps from last week, catch up here:
Congratulations to all of the incredible recipients of the 2025 Fund Finance Association Industry Awards, including Cadwalader's own Leah Edelboim!
See the below 2025 Award recipients:
Join Scott Aleali, Head of Private Equity Finance at Citizens Bank, and Jeff Maier, Senior Managing Director - Private Equity Finance at Citizens Bank, with special guest Yehuda Hecht, CFO of Madison International Realty.
We are thrilled to announce Cadwalader will hosting the Capital Call Securitization Conference in our New York office on Thursday, April 3. Space is limited, RSVP now to save your spot!
In a one-to-one discussion, Praxio Head of Banking & Finance, Michael Mbayi speaks with Scott McMunn, CEO of the Loan Market Association.
The Maples Group global Fund Finance team has gathered and analysed data collected throughout 2024 to identify trends and developments that are influencing the fund finance market.
Ireland’s prominence in global fund finance brings unique legal considerations. In the third installment of Irish Fund Finance in Five, Mason Hayes & Curran lawyers outline critical Irish-specific considerations when carrying out due diligence in fund finance transactions.