We’re sure many of you saw the news this week about a few of our UK colleagues planning to leave Cadwalader. We wanted to update you on the story.
If you are confused about the current state of play of insurance companies investing in CLOs, rated feeder structures and other NAV based loans, we are here to help.
Coller Capital’s recently released Global Private Capital Barometer included a few notable takeaways for fund finance lenders that suggested the fundraising market could be broadening and capital circulation improving. Here are a few specifics:
Cadwalader is proud to be a lead sponsor at DealCatalyst's Securitization in Fund Finance Conference on Monday, June 17. We're speaking on panels and hosting an exhibit area; see you there!
The Diversity in Fund Finance Committee is excited to invite you to the Second Annual Summer Soiree: Suits & Soju!
Side letters have gone through a massive and largely unspoken transition over the last four to five years. From a position where a few investors in a closing might have quite short side letters dealing with niche issues we are now at a point where it is not uncommon to see the vast majority of investors in a closing have the benefit of negotiated side letter protections in side letters that can extend to upwards of 20-30 pages.
This week, the U.S. Court of Appeals for the Fifth Circuit vacated the private fund advisor rules adopted by the United States Securities Exchange Commission. The Final Rule imposed significant regulatory requirements on advisors to private equity funds, hedge funds and other private funds. It represented a significant expansion of the SEC’s power to regulate private fund advisers and investors and, according to the decision, compliance with the Final Rule would cost the private funds market $5.4 billion and require millions of hours of employee time.
The Diversity in Fund Finance Committee is excited to invite you to the Second Annual Summer Soiree: Suits & Soju!