Commonwealth Bank of Australia is looking for an associate director to join its Non-Bank Financial Institutions team in New York.
Pacific Western Bank is hiring a VP-level Client Manager to join its Fund Finance Group.
People’s United Bank is looking for a Portfolio Manager for its Fund Banking group.
State Street is looking for a credit analyst officer to join its Subscription Finance team in Boston.
The 2022 “Pink Book” – Fund Finance’s leading legal treatise – was published this week. Mike Mascia, the Contributing Editor, opened this year’s edition with a Fund Finance Market Update article in which he provides a high-level overview of key industry themes in 2021 within the context of the broader capital markets and economic environment, and shares his thoughts on potential developments for 2022. It can be read here. All of the book’s chapters are available here at no charge, and hard copies will be available at the FFA conference in Miami.
Join best-selling author Michael Lewis and Diversity in Fund Finance speaker Sekou Kaalund, Chase's Head of Consumer Banking for the Northeast Division and Head of Advancing Black Pathways, for fireside chats at the 11th Annual Global Fund Finance Symposium.
Earlier this week, the SEC proposed revisions to Form PF, a confidential reporting tool used by certain SEC-registered investment advisers to private funds. The revisions are open to public comment and, in the main, propose expanding Form PF to require current reporting of key stress events and to bring more advisers into the reporting requirement by lowering the reporting AUM threshold. The proposed rule can be found here and Cadwalader partner Steven Lofchie’s to-the-point summary here.
Samantha Hutchinson and Brian Foster co-authored “Navigating Alternative Liquidity Solutions” in the 2022 Pink Book, which highlights various financing trends since March 2020 – including “PRAV” facilities, preferred equity solutions and continuation financings – and how they work for particular liquidity needs. The chapter is available here. In addition, Sam and Nathan Parker again co-authored the jurisdictional chapter covering England and Wales, which considers the role of English law in fund financings across Europe. Read the chapter here.
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Jeff Johnston and Mike Mascia sat down with James Strode of Global Legal Group for a webinar this week discussing the state of the Fund Finance market, the upcoming FFA Conference in Miami and the release of the Pink Book. To watch the video, click here. |
While ESG funds may be in vogue for institutional investors, lenders seem to have a different slant. For insight on how Customers Bank’s Fund Finance team is adapting to embrace the “Double Bottom Line,” click here.
Brickfield Recruiting published an article on the state of the Fund Finance labor markets this week – “Fund Finance recruitment in 2022: A busy market ahead.” As the only talent search company focused completely on fund finance, Brickfield addresses the sourcing and hiring of fund finance professionals amid a growing demand for quality candidates. The article is available here.
Cadwalader Fund Finance partner Samantha Hutchinson, who is Head of Fund Finance, UK, has been shortlisted as part of the Law.com International and Legal Week’s 2022 "Women, Influence & Power in Law" (WIPL) UK Awards in the "Innovative Leaders" category.
BNY Mellon is looking for a senior professional to join its Credit Risk team.
Citi Private Bank is looking to hire two specialists into its EMEA Fund Finance team, based in London.
Commonwealth Bank of Australia is looking for an associate director to join its Non-Bank Financial Institutions team in New York.
People’s United Bank is looking for a Portfolio Manager for its Fund Banking group.
Standard Chartered is hiring for an Executive Director of Public Pension Funds.
State Street is looking for a credit analyst officer to join its Subscription Finance team in Boston.
U.S. Bank is hiring a Vice President and Associate to join the Subscription Finance team.