Guest Writer
With the SEC’s proposed rules thrown out, private markets professionals have the opportunity to change the game instead, writes Bern Buys.
The global fund finance industry will continue to grow to keep up with the demand from fund sponsors for liquidity solutions, say Haynes Boone’s Albert Tan, Aleksandra Kopec and Brent Shultz.
Borrowers value creativity and flexibility, including the willingness to lend against concentrated LP bases and high-net-worth individuals, says Customers Bank’s Joseph M Pennini.
NAV financing emerges as a beneficial tool to reduce risks and stimulate growth for investors, say IQ-EQ’s Emma Crabtree and Justin Partington.
Despite initial criticism, NAV loans are gradually being seen as an important financing tool for sponsors, says Doug Cruikshank, managing partner and founder of Hark Capital.
Co-investors often have different expectations and preferences than main fund investors when it comes to GP-led secondaries processes, write Debevoise's Jane Engelhardt, Brett Bush and Lauren Heller.
Done right, lift-outs should benefit everyone, even the employees being lifted out, writes Jennifer Fichera, managing director, Petra Funds Group.
GP stakes deals are high stakes transactions – especially for the GP’s CFO, write experts from private equity consultancy Accordion.
Approaching increased LP diligence on tax matters with sensitivity is key, says Proskauer's Catherine Sear.
Hot-tempered debates around artificial intelligence can obscure its actual potential and perils, but reality checks may be needed for managers curious about the technology, says Withum’s Colleen Fay.