This year the London Fund Finance team at Cadwalader authored two chapters in the 2020 Pink Book. The first chapter, being the "country" chapter for England and Wales, considers the role of English law in fund financings across Europe as well as the varied structures that have developed in the London market. The chapter looks back over the growth of the market since 2000 and also provides useful insights, current market data and possible future trends.
The second chapter, co-authored with Ian Weise at Investec, is titled: “The secondaries market: The rise of GP-led and preferred equity solutions.” The chapter examines the recent rise in GP-led secondary deals and preferred equity structures, considers how these structures have evolved, and provides insight into how financing can be made available to support these structures and the evolving secondaries market.
