FFA NextGen – ‘Spreading the mESsaGe: ESG's Rise in Fund Finance’

Cadwalader, Wickersham & Taft LLP
Contact

Cadwalader, Wickersham & Taft LLP

FFA NextGen hosted a live webinar about ESG’s rise in Fund Finance earlier this week. The event was moderated by Annabella Kwei (Citi), and the panelists included Christopher Spitzhoff (Carlyle), Jose Liz-Moncion (Bank of America), Harlin Singh Urofsky (Global Head of Sustainable Investing at Citi Private Bank) and our very own Wes Misson (Cadwalader).

The panel discussed a broad range of topics about ESG in Fund Finance, including an overview of the types of facilities used and the factors that parties look at when determining pricing. Chris also provided a recap of the recent $4.1BN ESG-focused facility with Bank of America as the sole lead arranger, which was the largest-ever ESG-linked facility in the U.S. to date. Harlin provided her insightful view about greenwashing and also about some of the major factors that propelled the incorporation of ESG in the private and public markets in recent years. Jose provided an interesting rundown of how lenders are implementing KPI monitoring for ESG-linked facilities. Wes also discussed the regulations that are in the works to address ESG compliance and also some of the main trends in the market today. The panelists closed by sharing some advice to the young professionals who are interested in pursuing a career in law or finance with an ESG focus.

With ESG being at the forefront of investors’ minds nowadays, the discussion was particularly interesting in that it covered how fund managers, bankers and attorneys are each adapting to the shift in the marketplace.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Cadwalader, Wickersham & Taft LLP | Attorney Advertising

Written by:

Cadwalader, Wickersham & Taft LLP
Contact
more
less

Cadwalader, Wickersham & Taft LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide

This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. By continuing to browse this website you accept the use of cookies. Click here to read more about how we use cookies.