Philippa Kent

NAV loans span the use-case and risk gamut.

NAV structures are now able to suit both borrowers’ goals and investors’ yield targets, but some are worried certain structures go too far, including a structure that essentially gives borrowers equity at the cost of debt.

Non-bank lenders don napkins for expected syndication surge; and three misconceptions about management company administration

Banks hitting concentration limits and syndicating deals, insurance companies coming in as both buyers and lenders, and even rising interest rates all point to a bigger slice of market for non-banks.

Top recent stories from PFCFO.

How antitrust issues could play out in the continuation fund market

Download our first Management Company Report; 17Capital loses two US MDs; ILPA's leadership change; ACA hires for ESG post.

Near overflowing attendance at the Fund Finance Association’s European Symposium in London, where attendees debated some important new developments in the market

Gensler eyes accredited investor, shareholder of record reforms; Survey suggests more steps needed to ready for SEC’s private funds rules

Stricter Form D deadlines, increased thresholds, disclosure conditions all under review, sources say.