Fund Finance

Large regional bank will share further details of the deal on its third-quarter earnings call.

A disconnect exists in the industry between GPs who view continuation funds as a desirable way to hold certain assets beyond the limits of a traditional private equity fund, and LPs who generally would prefer a regular exit.

A myriad factors are resulting in shorter maturities for sub lines, though borrowers can pay up for longer ones.

Lenders favor big GPs in Q2, leading to pricier credit for mid-size sponsors.

The mega-sponsor is planning originations in the coming months, primarily in the buyouts space.

The ratings agency's report finds distributions for notes backed by fund stakes fell due to decline in deals.

The former titan of fund finance’s portfolio includes loans that will need steep haircuts. And that’s not the only challenge.

The portfolio of 201 loans has an unpaid principal balance of around $18.5 billion.

The opening up of the market for pension fund-issued collateralized fund obligations could represent a major avenue of liquidity relief for other investors.

The two, both on the board of the Fund Finance Association, have been consulting on the carve-out, purchase and rebranding of TIAA Bank.