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Secondaries Investor Article on Fund Leverage
May 8, 2020 | Issue No. 76

Secondaries Investor this week published the first of a series of articles titled “Leverage in the time of Covid-19: Fund level facilities." The article examines how secondaries funds use subscription facilities and fund level leverage, discussing the positive credit performance of subscription facilities, the potential implications if there is a large drop in portfolio value, and the use of NAV lines for early distributions and dividend recaps. The subscription-required article is accessible here.

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Recent Issues

October 15, 2021 | Issue No. 148
October 8, 2021 | Issue No. 147
October 1, 2021 | Issue No. 146
All Issues »
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