Private Equity

Fund Finance

HVPE cashes in as HarbourVest embraces credit lines

The use of debt to delay capital calls saw HVPE’s distributions outweigh investments last year.

2 min read · 17 May 2018

Fund finance: The rise of the hybrids

Fund finance facilities have traditionally been linked to uncalled LP commitments, but the focus is increasingly now on underlying portfolio investments. Leon Stephenson of Reed Smith explains the trend

5 min read · 19 April 2018

Five key litigation risks for private funds

From conflicts of interest to subscriptions lines, lawyers flag up the five issues most likely to trigger court action.

5 min read · 22 March 2018

The Fund Finance Association's response to ILPA

The Fund Finance Association’s response to the Institutional Limited Partners Association guidelines on subscription credit lines underscores the challenges of drawing up industry-wide best practice.

3 min read · 13 March 2018

A flexible approach to fund finance

Credit lines can prove crucial in sealing a rapid-fire acquisition, says RBS International’s Mike Lewis. The key is to ensure the loan facility provides the freedom to borrow when needed.

7 min read · 01 March 2018

Mega-funds and their mega-financings

Co-ordinating large subscription lines for mega-funds presents a unique set of challenges, write Debevoise & Plimpton’s Thomas Smith and Felix Paterson.

5 min read · 12 February 2018

Lenders and lines: a guide to fund finance

From how to pick a lender to the types of lines available, delegates at the CFOs & COOs Forum offered a mini explainer to the fund finance world.

3 min read · 08 February 2018

LISTEN NOW: Salovaara on the impact of credit facilities

Finnish LP Katja Salovaara on how subscription credit lines have made life trickier for investors in private equity.

1 min read · 17 January 2018

TA Associates: We’re going to double down on quality

Brian Conway, managing partner and chairman of the private equity firm, explains how the current deal environment and an increased focus on growth has affected his firm’s approach.

3 min read · 10 January 2018

Trends of the Year: Credit line controversy

The use of subscription credit lines was a defining and divisive debate among LPs and GPs in 2017.

3 min read · 02 January 2018

Showing 131 to 140 of 167 results