Now in its second year, FFA University 1.0 returns to London! Join the Fund Finance Association for this comprehensive two-day fund finance training program, offering a comprehensive look at the fund finance market through expert-led sessions on core products, legal and documentation considerations, market dynamics and key industry developments.
Subscription credit facilities have long been a staple of traditional private equity fund finance, but their application to business development companies (“BDCs”) and interval funds deserves fresh attention, particularly now, as the private credit market confronts a liquidity environment that few participants anticipated even twelve months ago.
Since our FFF Navigator was first published in July 2022, the fund finance market has continued to broaden in both product scope and legal complexity.
Nominations are being accepted through Monday for the Fund Finance Association's annual awards, which recognize individuals who go above and beyond in our industry.
Now in its second year, FFA University 1.0 returns to London! Join the Fund Finance Association for this comprehensive two-day fund finance training program, offering a comprehensive look at the fund finance market through expert-led sessions on core products, legal and documentation considerations, market dynamics and key industry developments.
The path forward for bank risk-based capital and the GSIB surcharge has been clarified with the release of three rule drafts yesterday: The Basel III proposal (covering large banks), the Standardized approach proposal (all non-Category I and II banks), and the GSIB surcharge proposal.
“By the time you finish your career, you will have worked at three different firms and will have practiced in three different areas of the law,” I heard from one of my mentors when I was a first‑year associate at my first law firm, Michael Best & Friedrich (MBF). Looking back, that prediction proved spot‑on.