The key component of any subscription credit facility is the underlying capital commitments that are pledged to secure the facility. Virtually every lender will require some level of over-collateralization – meaning, investor commitments will never receive dollar-for-dollar credit relative to the size of the facility (which would be a 100% advance rate).
Cadwalader fund finance partner Leah Edelboim has been named a winner in the “Law Firm Thought Leadership” category of Corporate Counsel’s 2024 Women, Influence and Power in Law Awards.
Join Scott Aleali, Head of Private Equity Finance at Citizens Bank, and Jeff Maier, Senior Managing Director - Private Equity Finance at Citizens Bank, with special guest K. Don Cornwell, Co-Founder and CEO of Dynasty Equity, for the latest episode of Fund Fanatics!
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