The market for financing pools of interests in private equity funds and private credit funds continues to sizzle, with new lenders joining the market and competition on pricing leading to a tightening of spreads for the most sought after deals. We are regularly having conversations with business principals, risk officers and internal lawyers at new and existing lenders looking to better understand this market. How to underwrite secondaries is a particular focus for new lenders, and is a topic we covered at yesterday’s Fund Finance Association University 2.0.
As we head into the Thanksgiving holiday in the U.S. and year-end push throughout the entire fund finance market, we are all thinking about key trends that have emerged and how this sets up for execution next year.
The most recent episode of the Fund Finance Expert Talk by Michael Mbayi is live. In this episode, the Head of Banking & Finance of the Luxembourg law firm Praxio Law & Tax, speaks with Scott McMunn, CEO of the Loan Market Association.
Join Scott Aleali, Head of Private Equity Finance at Citizens Bank, and Jeff Maier, Senior Managing Director - Private Equity Finance at Citizens Bank, with special guest Saaima Khaliq, the Managing Director, Private Equity CFO at New Mountain Capital for the latest episode of Fund Fanatics!
Fund Finance Friday readers, as the Thanksgiving holiday approaches, we want to take a moment to express our gratitude for your continuous support throughout the year.
In celebration of the festivities and to recharge, we'll be taking a short break and will be back with the next issue on December 6th.
Email, email, email. Oh, the emails. I know I have written before about emails, but you can never get enough advice on this pesky, career-ending/career-making companion.
A record breaking 850 financial industry leaders and professionals from around the country participated in Cadwalader's eighth annual Finance Forum in Charlotte this year. It was great to discuss the latest market trends and opportunities across various sectors. Keep reading for coverage of some of the Finance Forum panels: