Now in its second year, FFA University 1.0 returns to London! Join the Fund Finance Association for this comprehensive two-day fund finance training program, offering a comprehensive look at the fund finance market through expert-led sessions on core products, legal and documentation considerations, market dynamics and key industry developments.
Private market fundraising continues to be one of the most watched indicators in the fund finance market, with the assumption that it drives origination volume. Over the past five years, fundraising has moved from the upper left of the chart to the lower right, while fund finance lender commitments traveled in the opposite direction. This leads to the conclusion that fund finance market growth also relies on bank engagement, defined as capacity and willingness to originate in the sector. These indicators point to room for material growth in fund finance originations in 2026.
Exit activity continues to gain momentum, based on data from S&P Capital IQ. The number of transactions in which the seller is a PE or VC sponsor reached 148 in January, the highest monthly total in the data series going back to 2023
Now in its second year, FFA University 1.0 returns to London! Join the Fund Finance Association for this comprehensive two-day fund finance training program, offering a comprehensive look at the fund finance market through expert-led sessions on core products, legal and documentation considerations, market dynamics and key industry developments.
In net asset value (“NAV”) financings, a payment direction letter (“PDL”) is a useful tool that may be entered into in order to control the flow of cash from the underlying portfolio investments directly to a lender controlled account.