NAV as secondaries alternative; Coming finance tech boom

Proskauer beefs up reg practice in New York; family offices exploring NAV loans as secondaries alternative; CFOs focusing on tech as investors demand more transparency.

People: Proskauer added to its regulatory capabilities in New York with a new partner hire. More here.

Secondaries/fund finance: Family offices and high-net worth individuals have begun exploring NAV loans as an alternative to selling on the secondaries market, according to panelists at the Global Fund Finance Symposium in Miami Beach last week. Rod James reports.

Tech: CFOs surveyed by Intertrust Group are expecting regular demands for real-time or near-real-time reporting on various fronts from their LPs. That will translate into a boom in tech investment, both in-house and in outsourced expertise, writes Jen Banzaca.

Email prepared by Graham Bippart