As part of its Fund Finance Special Report, PEI has released a series of articles relating to recent developments in the fund finance space. The articles cover a range of topics, from the growth of ESG-linked subscription lines to the ongoing expansion of the concentrated NAV facilities in the COVID era. In addition, a recent article in the series focuses on the wider market trends which have developed in the wake of the pandemic, noting that increased competition and a rise in product innovation have resulted in higher prices and an increasingly mature market.* As a final incentive to encourage our readers to take a look at this report, the series also includes an article featuring Cadwalader partners Samantha Hutchinson and Brian Foster in which they share their views on some of the more bespoke products gaining traction in the fund finance market, including “PRAV” facilities, preferred equity solutions and continuation financings. A link to the current articles available in the report is available here.
*See this week's additional FFF blurb, “PEI on the Maturing Subscription Market,” that further comments on this article.