Cadwalader fund finance partner Leah Edelboim is serving on the program faculty for two key events next week.
Mitsubishi UFJ Trust and Banking Corporation, New York Branch is looking to hire an Assistant Vice President, Fund Finance. The candidate will support the team in structuring, underwriting, and monitoring both subscription and NAV facilities. A description of the role, and additional details are available here.
You're invited! As many friends in the Fund Finance community will be in town for the upcoming Fund Finance Association annual symposium, we thought it would be nice for whoever is around to catch up over a couple of casual drinks at Liberty in Exchange Square.
The Fund Finance Association is delighted to announce that registration is now open for the 13th Annual Global Fund Finance Symposium! The Fund Finance Association's annual symposiums bring together industry professionals, including investors, fund managers, bankers, and lawyers, creating a platform for education and networking within the fund finance market.
The doctrine of sovereign immunity is a foundational element of the interplay between a governmental investor’s contractual obligation to satisfy capital calls and a fund’s or lender’s ability to enforce that obligation against the investor. We recently completed our comprehensive series on sovereign immunity across all fifty states of the United States, as well as England and Wales and a cameo from the Cayman Islands. In this article we look at the rest of the world. We assess key statutory and equitable principles, deconstruct how to satisfy judgments against foreign sovereigns and peruse related side-letter provisions so you can understand how to mitigate the risks of these international investors in your fund finance facilities.
Investec’s Private Equity Trends survey (formerly known as GP Trends) closes on the 28th September, so don’t miss your chance to share your thoughts and experiences and contribute to a better understanding of the industry.
Are you registered yet? We are just a few weeks away and would love for you to join us for our seventh Annual Finance Forum on October 19 at The Ritz-Carlton in Charlotte.
Leaders from over 150 of the world’s top financial institutions are registered for an interactive day with the industry’s foremost experts. We are going to take deep dives into the wide range of challenges and opportunities that will shape the global financial landscape in 2024 and beyond.
Subtly pivoting from the topic of collateral accounts, introduced in the August 25, 2023 Fund Finance Friday article by Chad Stackhouse and Katie Clardy titled “Control or Control Agreement”, we will explore a few of the issues which we have encountered with respect to anti-money laundering accounts operated by third-party fund administrators.