Tom Auchterlonie
The firm’s finance chief addressed a pair of the biggest trends for sponsors in his keynote at the Private Funds CFO New York Forum.
The acquisition enables iCapital to offer sponsors solutions covering both individual and institutional investors.
The new employees include the lender’s former head of CLO and loan agency services.
Tranches backed by perpetual vehicles are popping up, marking a convergence of two private market products that are each gaining traction.
The group’s recent changes include new co-heads, three exits and a partner hire.
Departures underscore the fierce market for fund finance lawyers.
The new questionnaire asks GPs to disclose details including transaction terms and asset returns.
The new partner has worked with GPs and distributors, and is versed in vehicles from interval funds to BDCs.
The new private market hires have experience spanning continuation vehicles, GP stakes and evergreens.
The service provider’s new offering targets inbound requests to sponsors from various counterparties.