Fund Finance Partners this week published a thought leadership piece on recent developments in the fund finance market. The article is available here.
Last Saturday, Wes Misson was faced with the incredibly sad task of memorializing his mom Judith, who passed away after more than a decade-long battle with Alzheimer's. As is often the case, it was a moment I was proud to get to be one of Wes' friends. He did a wonderful job paying tribute to an amazing woman. Judith was an incredible wife, mother and friend to many. You could feel her love and commitment to family, America, hard work and perseverance in the room.
There has been a dramatic increase in appetite amongst funds for sustainability linked loans (SLLs), which are often commonly referred to as “ESG linked loans” or “KPI loans,” an appetite that is expected to continue to increase in the coming years. This article provides an outline of SLLs, as well as some key structuring considerations.
The FFA’s NextGen’s APAC team announced its first event this week, a program titled “Fund Structures in Asia Pacific 101.” The event is scheduled for 3 p.m. (Hong Kong time) on Tuesday, March 30. On Thursday, March 25 at 11 a.m. (New York time), the Diversity in Fund Finance group hosts its first Boundary Breakers event, featuring a conversation with Vicky Du, Global Head of Fund Finance at Standard Chartered Bank, and moderated by Albert Tan of Haynes and Boone.
The Fund Finance Association is soliciting nominations for its 2021 Industry Awards.
Fund Fanatics Scott Aleali and Jeff Maier take a (virtual) trip to the Caribbean to chat with Cayman lawyer Michael O’Connor of Conyers about the Private Funds Act, Cayman opinions and the ultimate concert to attend, post-COVID. Check it out here.
Stifel Bank is looking for a Director/Managing Director in its Fund Banking division, preferably on the West Coast.
Cadwalader is looking to hire associates in its Fund Finance group in the Charlotte, New York or Washington, D.C. offices.
The fund finance markets have maintained their active pace into March without any signs of letup the last two weeks. Here are some of our recent market observations as well as some of my forecasts for the year ahead.
FFA NextGen and Diversity teams held a panel session this week on “Cross-Border Relationships: A Journey in Diversity.” Over 100 attendees tuned in to the discussion moderated by David Lammy, Member of Parliament for Tottenham and the Shadow Justice Secretary, with panelists Shani Unantenne, Executive Director, Financial Institutions Europe at ANZ; Valery Nformba, Solicitor at Macfarlanes LLP; Wol Kolade, Managing Partner at Livingbridge; and Yomi Akinyemi, Director at Wells Fargo. Read on for some key takeaways.
Brickfield founder Rory Smith has posted an article with some observations on the use of LinkedIn during the recruitment process in niche sectors like Fund Finance, based on recent feedback from clients and candidates. Is a one-size-fits-all approach appropriate?