The Fund Finance Association is excited to welcome attendees to the 12th Annual Global Fund Finance Symposium, which is rapidly approaching on February 8-10 at the Fontainebleau Hotel in Miami, Florida. We are pleased to...more
1/13/2023
/ Balance Sheets ,
Borrowers ,
Credit Agreements ,
Financial Services Industry ,
Financing ,
Investment Funds ,
Investment Management ,
Lenders ,
Loans ,
NAV ,
Symposium
On Wednesday, 300+ attendees participated in FFA University 1.0, and I was fortunate to get to provide the Closing Remarks to the highly engaged group. Below is a rough summary of the remarks I provided, which focused on my...more
The active underlying deal environment comingled with the December 31st LIBOR transition deadline combined to make November the busiest month in the history of Cadwalader Fund Finance. We have no doubt that’s been the case...more
12/10/2021
/ Borrowers ,
Financial Markets ,
Financing ,
Interest Rates ,
Investment Fund Vehicles ,
Investment Funds ,
Lenders ,
Libor ,
Loans ,
PIPEs ,
Secured Overnight Funding Rate (SOFR) ,
Sterling Overnight Index Average (SONIA)
Amending Fund Finance facilities to replace LIBOR as the primary benchmark interest rate has all the makings of a potential client experience disaster for your Fund sponsor clients. ...more
Amending Fund Finance facilities to replace LIBOR as the primary benchmark interest rate has all the makings of a potential client experience disaster for your Fund sponsor clients. This is not just theoretical – we are...more
The fund finance markets have been quite consistent over the summer and new developments have been limited. But as we head back to school and close in on Labor Day, below are our recent observations of interest....more
The fund finance markets continued their healthy clip into June, with activity levels remaining elevated.
Transaction Volume and Pipeline. Transaction volume remains double digits ahead of 2020 year-to-date, with a strong...more
The fund finance markets have remained active and vibrant into May, building on a solid first quarter. Much of what the market forecasted as likely in the beginning of the year has been occurring in fact....more
Yesterday, I was fortunate to get to provide the closing remarks to the attendees at the inaugural FFA University – Europe program. Like many of us, I’m very grateful for the career opportunities the Fund Finance industry has...more
On November 15, 2017, audit, tax and consulting firm PwC published a thought leadership piece titled: “Sub-line facilities: end of the road?” (the “Article”). While the subscription credit facility (“Subscription Facility”)...more
On October 11, 2017, the Fund Finance Association (the “FFA”) hosted its 3rd Annual European Fund Finance Symposium (the “Conference”) at the Landmark Hotel in London. Forty-two market participants sponsored the Conference...more
10/19/2017
/ Banking Sector ,
Credit Facilities ,
EU ,
Financial Markets ,
Financing ,
Institutional Limited Partners Association (ILPA) ,
Lenders ,
NAV ,
Private Equity ,
Private Equity Funds ,
Women-Owned Businesses
On June 19, 2017, the Fund Finance Association (the “FFA”) hosted the inaugural Asia-Pacific Fund Finance Symposium at the Four Seasons Hotel in Hong Kong (the “Conference”). Twenty different market participants sponsored...more