The Fund Finance Series Webinar held on February 15th organised by the Luxembourg law firm Praxio Law & Tax and hosted by Michael Mbayi on the topic “2024 Market Perspectives” is now available and includes insights from Cadwalader's own, Michael Hubbard!
With the increasing complexity of fund structures and the growing prevalence of US Pension Funds in the European market, we have seen an uptick in the number of queries particularly from European banks and funds around how to structure their security packages in circumstances where direct security is not possible from one or more feeder funds.
The hottest acronym at this year’s Fund Finance Association Global Symposium was “CRT” (capital relief trade). The Cadwalader CRT practice has been very busy as of late as U.S. banks have sought their assistance to use CRTs to manage regulatory capital constraints. The fund finance team has been working closely with our CRT colleagues as fund finance clients explore the use of CRTs. Subscription line financings are a fund finance product that is particularly well-suited for these trades. On the first day of the conference, Cadwalader hosted an event for our regional bank clients to learn more about CRTs.
Cadwalader partner and bank regulation head Andrew Karp spoke with Law360 about his joining the firm from the FDIC and the current environment facing the banking industry.
In celebration of International Women's Day, join Women in Fund Finance to raise money for Heifer International's Women Entrepreneurs 2 project, in Mexico, which will assist 1,000 families in the Yucatán Peninsula to close the living income gap by developing and/or strengthening women-led cage-free egg businesses that link to the market and strengthen the communities’ social capital.