fund finance

Apax Global Alpha’s interim statement sheds light on subscription credit lines, fund deployment and an appetite for healthcare.

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

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

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