Fund Finance

Cadwalader has a globally recognized Fund Finance practice.  With more than two decades of experience in the field, its market-leading practitioners provide practical, yet cutting edge, advice to a wide variety of financial institutions active in the space.  The team regularly represents the agent, lead arrangers and lenders on subscription credit and capital call facilities to real estate, private equity and other investment funds, where the loans are secured by the capital commitments of the funds’ investors.

The attorneys in the group bring in-depth technical and commercial knowledge to a wide range of lending structures across the fund finance spectrum, including traditional capital call and subscription credit facilities, NAV-based facilities, hybrid facilities, open-end fund facilities, HNW facilities, aftercare facilities, umbrella facilities, management fee and GP lines and an array of leveraged asset level, secondary fund and equity commitment transactions. The firm handles transactions across from fund borrowers of all sizes, vintages and asset classes. Many of these transactions are cross-border and multi-currency in nature, necessitating the team be well-versed in the nuances of multi-jurisdictional and FX transactions.

Clients benefit from the firm’s deep bench and multidisciplinary approach. Our Fund Finance attorneys work seamlessly across the firm’s other practice groups including financial regulation, ERISA, tax and investment management practices. We understand the evolving regulatory landscape, investor credit risks and related enforceability issues, emerging fund structures, and frequently advise on some of the most complex and bespoke transactions brought to market.

With a premier practice that is experienced documenting some of the largest and most sophisticated subscription and hybrid facilities ever consummated and key relationships that span the globe, our team is well suited to serve the needs of our clients. 

NEWS

RESOURCES

Clients & Friends Memos

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Books

  • Cadwalader’s Michael Mascia is Contributing Editor of Fund Finance 2018: Second Edition

    Cadwalader Finance Group co-chair Michael Mascia is the Contributing Editor of Global Legal Insights’ recently released comprehensive guide to the fund finance market, “Fund Finance 2018: Second Edition.” Mascia and Cadwalader Finance partner Tim Hicks also co-authored the chapter “Equity Commitment Facilities: A Primer,” which summarizes the key structural features of an equity commitment facility and outlines the essential considerations for lenders.  View the chapter and the book in its entirety here.

     

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31 Attorneys

Aldrich, Jeffrey W. Associate Charlotte
T. +1 704 348 5218
Anzalone, Karen Associate New York
T. +1 212 504 6425
Ballard, Jordan Staff Attorney Charlotte
T. +1 704 348 5236
Chung, Danyeale Associate Charlotte
T. +1 704 348 5115
Cross, Jeremy Partner London
T. +44 (0) 20 7170 8530
Doom, Camille Associate Charlotte
T. +1 704 348 5175
Flaherty, Ashley Staff Attorney Charlotte
T. +1 704 348 5238
Foster, Brian Partner New York
T. +1 212 504 6736
Golaski, Lorien Senior Attorney Charlotte
T. +1 704 348 5331
Goldstein, Stuart N. Partner Charlotte
T. +1 704 348 5258
New York
T. +1 212 504 6316
Hicks, Tim Partner Charlotte
T. +1 704 348 5191
Lindsay, Trent Senior Attorney Charlotte
T. +1 704 348 5142
Loftis, Holly Associate Charlotte
T. +1 704 348 5125
Mabrito, Jefferson V. Associate Charlotte
T. +1 704 348 5131
Mascia, Michael C. Partner Charlotte
T. +1 704 348 5160
McBain, Oliver Associate London
T. +44 (0) 20 7170 8646
McClean, Rob Associate London
T. +44 (0) 20 7170 8587
Mehta, Dorothy D. Partner New York
T. +1 212 504 6846
Misson, Wesley A. Partner Charlotte
T. +1 704 348 5355
Nolan, Cassidy Associate Charlotte
T. +1 704 348 5325
Oosterhouse, Kurt T. Partner Charlotte
T. +1 704 348 5172
New York
T. +1 212 504 6172
Park, Linda J. Associate New York
T. +1 212 504 6445
Pelling, George Associate London
T. +44 (0) 20 7170 8569
Reimer, Justin Associate Charlotte
T. +1 704 348 5150
Risell, Adam Z. Associate Washington
T. +1 202 862 2388
Shaw, Isabella Associate Charlotte
T. +1 704 348 5210
Spanheimer, Nathan Partner Charlotte
T. +1 704 348 5195
Starr, Eric Associate Charlotte
T. +1 704 348 5190
Wagner, Jeremiah M. Partner London
T. +44 (0) 20 7170 8542
Walker, M. Skyler Associate Charlotte
T. +1 704 348 5169
Yi, Soo Kyong Associate New York
T. +1 212 504 6797

Contact(s)

Wesley A. Misson
+1 704 348 5355 
wesley.misson@cwt.com
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Jeremy Cross
+44 (0) 20 7170 8530 
jeremy.cross@cwt.com
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Michael C. Mascia
+1 704 348 5160 
michael.mascia@cwt.com
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CadwaladerSpotlight

April 19: Trading Risk's London ILS Conference 2018

Robert Cannon will discuss the U.K.’s new insurance-linked securities framework.

Cadwalader's research and intelligence platform provides analysis on changes in U.S. financial regulation. Subscribers receive a daily newsletter interpreting new laws, rules and enforcement actions that impact financial institutions.