Claire Coe Smith
The SEC’s recently vacated Private Funds Rules have moved the needle on market practice regardless of their withdrawal – and there is no going back.
Regulators in the US and Europe have different priorities when it comes to NAV loans and subscription lines.
Going beyond standard commitment expectations in continuation fund transactions can help sponsors demonstrate alignment.
A consultation on SFDR has raised questions about what the regulatory framework for impact and ESG strategies will look like in Europe.
AI technology is becoming a must-have, rather than a nice-to-have, in an increasingly competitive private funds market.
With banks constrained by market uncertainty, sub lines are taking longer to negotiate.
In today’s uncertain market, borrowers need to work harder to secure financing.
As more sponsors look to attract attention from retail investors, the legal structures around widening access to the private markets are changing.
Strides are being taken to make tangible progress in private markets.
A long-standing aversion toward using technology and automated processes to calculate carry and waterfalls is slowly dissipating, but the private funds industry has some way to go before adoption takes hold across the board.