Cadwalader Fund Finance associates Fiona Cheng and Katie Clardy were recognized as part of the Fund Finance Association's 2024 “Rising Stars” awards, which highlights those who are making a significant impact in the industry and paving the way for its future.
Women in Fund Finance EMEA is excited to invite you to the upcoming W&W breakfast in London. A panel of industry experts will be discussing the latest challenges in the fund finance industry.
The Fund Finance Association is delighted to invite you to a special event focused on increasing awareness of disability inclusion within the FFA community, in partnership with PurpleSpace.
Join the Fund Finance Association for an intensive virtual training session for newcomers and seasoned Fund Finance professionals. The program will provide a comprehensive understanding of Fund Finance with sessions taught by many of the industry’s leading senior practitioners.
The combination of increased regulatory pressure and additional investor demand for higher yield has seen numerous banks gradually displaced by private debt funds in the corporate lending sector (particularly for mid-market and SME borrowers). However, many banks, alongside an increasing pool of alternative lenders (collectively, "ABL Providers"), are comfortable lending to these private credit funds through so-called “credit portfolio finance” or “ABL facilities.”
Whilst there is nothing new about lending to private credit managers, the continued growth of the direct lending market has been accompanied by the increased use of back leverage at fund level through these facilities.
In this article, we look at some of the key issues for ABL Providers under these transactions in the European market.
Cadwalader lawyers and practices once again have been recognized as industry leaders in the 34rd edition of the IFLR1000, a publication focused on financial and corporate transactional work.
Women in Fund Finance EMEA is excited to invite you to the upcoming networking event in Jersey, including a conversation with Jane Niles, CEO at Investec Bank Channel Islands.