The following individuals are on the move in the fund finance industry:
Julia Kohen and Jennifer Levitt have been named as Co-Heads of the Simpson Thacher Fund Finance Practice. They succeed Mary Touchstone, who helped to establish Simpson Thacher as a global leader in fund finance.
Julia represents financial sponsors in complex subscription credit facilities and NAV financings for funds across several asset classes, including private equity, real estate, energy, infrastructure, secondaries, credit and other strategies, as well as on management lines and co-investment loan programs. She has extensive experience structuring complicated financing arrangements designed to provide fund-level leverage to facilitate and support investment activities.
Jennifer guides financial sponsors in debt financings for their private equity, real estate, infrastructure, mezzanine debt and other types of investment funds. She develops creative financing solutions designed to address the complex fund-level leverage needs of sponsors and to facilitate and support investment activities. These include, subscription facilities, NAV facilities, margin loans, other forms of back-leverage and GP stake investments.