Cadwalader Fund Finance, Finance and Financial Services Group partners have contributed to the 2025 edition of Fund Finance 2025 (also known as the “Pink Book”), the leading legal treatise for the fund finance industry, published by Global Legal Group.
The 2025 edition of the Global Legal Group Fund Finance 'Pink Book' is now live and Cadwalader’s Wes Misson sits down with James Strode to discuss the ninth edition.
Watch their conversation here!
Loan Market Association has published the Fund Finance Glossary of Terms. With the rapid growth in the market, it’s important to take a step back and be clear as to what we mean when we use certain terms in relation to fund finance.
Cadwalader is proud to sponsor SCI's 9th Annual Risk Transfer and Synthetics Seminar in New York.
The 10th Anniversary of the 2025 Justice Served campaign supporting the Food Bank for New York City kicked off this week!
NAV facilities operate by taking a portfolio of assets owned by a borrower and selecting which assets within that portfolio a lender is willing to lend against. This pool of approved assets becomes the “Eligible Pool” of assets, against which the financial covenants can be set. The lenders will likely undertake an extensive due diligence on such “day one” eligible assets and most facilities will have an ability to add further eligible assets during the term of the facility (provided they meet the relevant criteria and the lenders are happy with the relevant diligence). This structure regulates how eligible assets can be added to the pool of assets for which the lenders are happy they can rely on for credit support.
Ahead of the 2025 edition of the Global Legal Group Fund Finance 'Pink Book', Cadwalader’s Wes Misson sits down with James Strode to offer a preview of the highly anticipated ninth edition.
Watch the sneak peek of their conversation here, and stay tuned for the full release next week!