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Investment Funds Secured Debt

Cadwalader, Wickersham & Taft LLP

Security, Please - August 2022 - Issue No. 189 - Feeling (In)Secure: Security Interests in NAV Facilities

The fund finance market has experienced serious growth over the last few years. Fund borrowers are seeking more liquidity than ever in terms of the number of funds taking advantage of credit facilities as well as the sheer...more

Cadwalader, Wickersham & Taft LLP

Ten Things Every Fund Finance Banker Should Know About the UCC

The initiative to draft a code that would unify commercial transactions across U.S. states came about in 1942. The drafters went to work in a remarkable setting that, aside from a global war, was marked by clashes of...more

Dechert LLP

CLOs Under the Volcker Rule: New Exemptions, New Issues, New Obligations

Dechert LLP on

Under the final version of the Volcker Rule issued this week, issuers and sponsors of new CLO issuances should consider structuring CLOs to conform to the exclusions contained in the rule, and banks and bank affiliates that...more

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