Join Cadwalader next week as we sponsor the Diversity in Fund Finance Committee’s Third Annual Summer Soirée: Seoulful Connections!
Cadwalader is proud to sponsor the Women in Fund Finance EMEA's Annual Networking Drinks Reception. Please join us on June 24th at Middle Temple Hall in London. We are excited to gather and celebrate the successes and collaboration amongst the Women in Fund Finance community after a busy year! We hope to see you there!
In the past few years we have seen a resurgence of the use of portable alpha strategies tied to hedge fund investments (and the financing arrangements that accompany them), a trend that this old-timer last encountered more than 15 years ago prior to the global financial crisis.
Register now for the next session of the Fund Finance Webinar Series hosted by Praxio Head of Banking & Finance, Michael Mbayi: “Market Update & Due Diligence,” featuring Cadwalader’s own Leah Edelboim.
Cadwalader’s George Pelling, Nick Shiren and Martin Vojtko authored an article, “Securitisation and Fund Finance,” published in the June 2025 issue of the Journal of International Banking Law and Regulation.
Cadwalader is proud to sponsor the Diversity in Fund Finance Committee’s Third Annual Summer Soirée: Seoulful Connections taking place on June 26th!
Congratulations to Dee Dee Sklar who has joined Bayview Asset Management as a Senior Advisor in the firm's Insurance Asset Management business.
Fund finance is and always has been by nature a cross border enterprise. While there are a number of lenders that we represent in the United States that lend to funds exclusively organized in the U.S.– typically in Delaware – that is as a general matter the exception rather than the rule. Given a confluence of factors, including the home jurisdiction of certain investors, tax, and other legal and economic considerations, most fund structures also feature entities organized outside the U.S., most typically in Canada, Cayman, Ireland, Luxembourg, and other European jurisdictions. Therefore, there are cross-border considerations in almost every fund finance deal. Our wonderful stable of local counsel is a critical part of these transactions by drafting and negotiating provisions that are relevant to the legal constructs of the jurisdictions in question, in particular those that relate to the existence, power and authority of such entities, the grant and perfection of security interests, and advising on mechanics that may be unique to the account structure or depositary arrangements, in these jurisdictions.
While the paragraph above gives some perspective on our day-to-day U.S. practice, the subject of this article is slightly different in perspective. In deals originated out of our London fund finance practice, we frequently work alongside our London colleagues to act as their local counsel in connection with English law governed credit or facilities agreement featuring U.S. obligors.