Fund Finance

The hunt for talent

Could a lack of expertise curtail the growth of the fund finance market?

The changing shape of fund finance

From a regional banking crisis to regulatory scrutiny, we track five trends set to shape the course of an industry.

Simpson Thacher & Bartlett: Innovation escalates as fund finance comes of age

Greater specialisation will lead to an enhanced toolkit for operators in the market over the next five years, say Kate Sinclair and Katie McMenamin, partners in the fund finance group in Simpson Thacher & Bartlett’s London office.

S&P Global Ratings: Applying tested methodologies in fund finance

Devi Aurora, managing director for financial institutions and alternative funds at S&P Global Ratings, provides insights into how the rating agency assesses NAV loans and subscription line facilities.

The ever-expanding world of NAV

From limited partners to continuation vehicles, the borrower cohort for NAV finance is widening.

Adapting to the new norm

As the regional banking crisis abates, subscription finance settles into rhythm.

NAV finance under scrutiny

As the NAV finance market continues to grow, it is attracting increasing attention – and not all of it positive.

NAV loans are a tool for growth, says 17Capital

The overwhelming majority of NAV loans are being used to fund M&A and create additional value in portfolios, says 17Capital’s co-founder and managing partner, Pierre-Antoine de Selancy.

KBRA sees a tension in the rating of feeder funds

New report from rater surveys the key legal features observed in rated transactions.