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While the supply of subscription facilities and NAV loans has grown, borrower appetite is also strong, as three noteworthy developments show.
Supply and demand dynamics in the fund finance space have been turned on their head in the two years since the regional banking crisis. It's giving GPs more choice than ever before.
Banks are becoming increasingly active in the fund finance space – and that’s good news for GPs of all stripes, says Wendy Cai-Lee, CEO at Piermont Bank.