Home Fund financing

fund financing

Apples and oranges

Fund credit lines: How to compare apples with apples

GPs must think carefully about how fund level leverage affects performance at the fund level and by extension, their own stability.
money

UBS fund financing unit deploys $3bn

The bank's secondaries advisory group has teamed up with its fund financing unit and has executed around 20 private equity loans over the last two years.
Time

Why Australia’s BGH needn’t worry about slow deployment – yet

TPG veteran Ben Gray’s firm is understood to be using credit lines to avoid fee-drag on Australia’s largest first-time fund.

Credit firms want a piece of the fund finance market

Credit shops have traditionally avoided the strategy, but innovative new opportunities are luring them to carve a niche for themselves

Texas Teachers: ‘good intention’ of credit lines being lost

Comments from one of the US's largest pension plans are a reminder that the debate around credit lines is not settled.

Fund finance is here to stay

The use of facilities is so ingrained in the private equity industry that nothing short of an extreme event can turn back the tide.
La Defense, Paris

Abraaj dispute prompts lenders to close fund finance loophole

Banks are changing the way security notices are issued to LPs following the firm's collapse.

Crestline: Fear of market pullback buoys portfolio finance

Provisions to allow this kind of borrowing are becoming better documented in LPAs, the co-head of Crestline's portfolio finance vehicle tells PEI.

What happens when subscription credit lines turn sour

SocGen’s dispute with some Abraaj LPs over an unpaid facility could have far-reaching consequences for the fund finance industry.

Silicon Valley Bank on Abraaj, evolving credit lines & HNWs

The lender’s head of global fund banking for EMEA tells PEI about the implications of the Abraaj Group saga, enhancements in underwriting, changing LP bases and fee structures.
pei
pei

Copyright PEI Media

Not for publication, email or dissemination