Fundraising

Businesses with up to 15,000 employees are now eligible to apply to the Main Street Lending Program.

As an example of the practice surfaces, an industry body is warning other companies not to use the covid-19 outbreak as an excuse to try and raise additional finance through flexible documentation.

Investec bankers say they’ve seen a significant rise in FX inquiries from non-traditional users of hedges as the pandemic roils markets, as well as from credit funds feeling the stress of currency movements.

The idea of LPs using leverage to manage cashflows has been coming up recently; a private fund advisor has settled with the SEC over a marketing violation

NAV-based lenders' phones are ringing off the hook as sponsors explore their liquidity options. Borrowers will require patience.

For those seeking liquidity via NAV facilities, implementation may be delayed, say lawyers from Debevoise & Plimpton.

What LPs are thinking regarding lower mid-market fundraises; Our Fees and Expenses survey is open; Correction regarding yesterday’s email.

While there have been fewer meetings, and they are on Zoom, there are meetings, and they have been productive towards advancing raises forward.

Got a fully drawn fund? Experts from law firm Dechert outline ways GPs can raise additional capital for their portfolios.

Pros and cons of seeking a fundraising extension; Proskauer takes a look at the factors that determine and affect clawback.