SANNE Group recently hosted a roundtable discussion in New York to discuss the use of leverage and credit facilities in the private equity space.
The guest panel included: Oliver Morris, Director, Product Development - Private Equity, SANNE; Debra Abramovitz, Executive Director, Morgan Stanley Investment Management; Kevin Robinson, Partner and General Counsel, GreenOak Real Estate; and Andrew Day, Partner, Kirkland & Ellis LLP.
Following the live event, SANNE published a collection of brief thought pieces drawing on the topics that were explored and the remarks that were made during the roundtable. Seasoned fund finance professionals will recognize several familiar views (positive, negative and neutral) concerning the utility and efficacy of subscription credit lines – punctuated by anecdotal evidence and experiences from industry insiders. The collection of articles is a quick read and provides some interesting tidbits and soundbites.
SANNE Group is an industry service provider that offers administration services to a variety of alternative asset managers, financial institutions and corporate entities.