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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.
Articles
Although transfers by investors of their interests in a fund have always been a feature of subscription / capital call facilities, as of late, there has been a palpable uptick in investor transfers and this trend is set to continue, due to a multitude of factors.
This article explores the driving factors for the increase in investor transfers, the implications for rated subscription facilities and securitisations, how loan documents customarily deal with investor transfers, and due diligence considerations.
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We're looking forward to The Future of Fund Finance | Europe, on 28 January at The Landmark Hotel in London. Cadwalader is proud to be a lead sponsor and have Partners George Pelling and Nick Shiren speaking at the conference, sharing their insight on key industry topics.
The Fund Finance Association is delighted to share the agenda for the upcoming 14th Annual Global Fund Finance Symposium, taking place February 24-27, 2025 at the Fontainebleau Miami Beach.
Nominations are still open! The FFA and Diversity in Fund Finance would like to support and recognize individuals in the industry for their outstanding overall contributions to furthering diversity, equity, and inclusion efforts in the fund finance market, their workplace, and/or the broader community.
Join the Fund Finance Association for an evening of networking, celebration, and culinary creativity as they ring in the Year of the Snake!
Subscription credit facilities are a widely utilized product in the fund finance market, offering sponsors access to a reliable source of financing to bridge capital call and to lenders collateral backed by investors’ capital commitments rather than the underlying portfolio assets of a borrower.
In this article, we will explore the complex due diligence landscape that syndicate lenders must navigate when seeking to join a new or existing credit facility.
Cadwalader, KPMG, and TWK Advisors have prepared Credit Risk Transfers ("CRTs") – A Handbook for U.S. Banks. This handbook offers an in-depth look at Credit Risk Transfers, a regulatory capital optimization tool long used by European banks and U.S. non-bank agencies, with new applications emerging for regional and community banks.
The foundations for the Loan Market Association's fund finance work plans are now in place. Over the last months, LMA has thoroughly studied the market, listened to the voices of members and key stakeholders, and analysed market developments to build a solid foundation.