Mar 20, 2019
Cadwalader partners Jeremy Cross, Brian Foster, Samantha Hutchinson, Michael Mascia and Wesley Misson, and associate Mathan Navaratnam, are contributing authors of the recently released Fund Finance 2019, a comprehensive guide to the fund finance market published by Global Legal Insights. Mascia, who co-chairs Cadwalader's Finance Group, also is a contributing editor of Fund Finance 2019.
Foster and Hutchinson are co-authors of the chapter on “The Rise of Private Equity Secondaries Financings,” which discusses the significant growth in the number of secondaries transactions supported by debt finance, and the complexity and variations in the facilities. Read “The Rise of Private Equity Secondaries Financings.”
Cross, Hutchinson and Navaratnam co-authored the jurisdictional chapter covering England & Wales, which addresses transactional issues, market developments and the outlook for 2019 in the region. Read the chapter on England & Wales.
Mascia and Misson are co-authors of the “Lending to Separately Managed Accounts” chapter, which reviews the rapid growth of separately manages accounts (SMAs) as investors in private investment funds seek customized solutions outside the one-size-fits-all investment mandate of private equity sponsors’ commingled funds. Read “Lending to Separately Managed Accounts.”
The Bank of England has initiated a review of its own exposure to LIBOR,
Scott Cammarn, Jonathan Watkins, Mark Chorazak, Aaron Lang
On 7 June 2019, Regulation (EU) 2019/876 (CRR II) was published in the Official Journal of the EU.