Fundraising

NAV lender boosts US and European vets amid increased demand.

Creator of the survey says the novel practice of back-levering deals with NAV has already spread to even the lower mid-market.

You are advised to ensure that your disclosures around use of testimonials and endorsements are sound, according to a new risk alert from the SEC’s Division of Examinations.

The hires for a new subscription lending program include four previously reported ex-Signature bankers along with six others – a larger group than Private Funds CFO had reported before.

Alternative lender says that the instruments can be spliced into tranches to attract institutional investors.

Informing investors and managers alike is important, speakers said at Luxembourg funds gathering.

For GPs with funds in the market, any extended fundraising delay could cause headaches as they have deadlines to meet, deals to close and employees to pay.

A confluence of market events are fueling growth in the demand for NAV and hybrid facilities, write Leon Stephenson and Bronwen Jones from law firm Reed Smith.

The issuance of a collateralized fund obligation would be a breakthrough for struggling GPs and institutional investors alike.

The market is seeing an acceleration in evolution since other sources of capital have dried up or become more expensive