Fundraising

The prospect of spiraling costs is the industry’s number one concern.

May's top stories.

Greater Share, which was launched earlier this year, is a novel philathropy-meets-private equity initiative.

The former Jones Day partner's expansive expertise includes fund finance. Her hire follows the recent departure of Cadwalader's former head of fund finance.

17Capital appoints three partners; What 17Capital’s credit raise says about the NAV financing opportunity

The firm, which has raised €2.6bn for its debut lending fund, estimates the size of this market could grow to $700bn by the end of this decade.

GPs build NAV optionality into fund docs

NAV loans have seen a significant increase in popularity among managers, and some are looking to make it easier to take them out.

International funds consider the transition to an NAV-based liquidity alternative for currency hedging.

The proliferation of NAV-based lending makes it possible for closed-end funds to transition away from bank credit lines for their currency hedging needs. Mark Battistoni of HedgeNAV LLC explains.