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Subscription Credit Lines

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The bank will hold the senior tranche, though it hasn’t ruled out syndications in the future.
Supply has returned to the fund finance world, but facilities are undeniably more expensive.
In part three of this four-part guest article, Seward & Kissel partners Greg Cioffi and Jeff Berman look at issues that arise with RNFs when the underlying fund enters into a subscription facility.
Learning from the past is about asking the right questions. Whether the sub-line ABS heralds the second coming of the synthetic CDO and subsequent apocalypses isn’t one of them.
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Bank leaps over hurdles to make a product that could reshape the fund finance industry.
Julia Kohen and Jennifer Levitt will succeed Mary Touchstone, who helped to establish the group.
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Law firm lands seasoned attorney amid growing demand for fund debt.
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Depressed fundraising hits subscription finance, but M&A slump boosts demand for NAV
From a regional banking crisis to regulatory scrutiny, here are five trends set to shape the course of an industry.
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As the regional banking crisis abates, subscription finance settles into rhythm.
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