Sponsored

Secondaries may be a popular exit route for sponsors and investors alike, but sponsors should be aware of key legal considerations, say Troutman Pepper partners Patrick Bianchi, Stephanie Pindyck Costantino and P Thao Le.

The global fund finance industry will continue to grow to keep up with the demand from fund sponsors for liquidity solutions, say Haynes Boone’s Albert Tan, Aleksandra Kopec and Brent Shultz.

Borrowers value creativity and flexibility, including the willingness to lend against concentrated LP bases and high-net-worth individuals, says Customers Bank’s Joseph M Pennini.

NAV financing emerges as a beneficial tool to reduce risks and stimulate growth for investors, say IQ-EQ’s Emma Crabtree and Justin Partington.

Despite initial criticism, NAV loans are gradually being seen as an important financing tool for sponsors, says Doug Cruikshank, managing partner and founder of Hark Capital.

Hot-tempered debates around artificial intelligence can obscure its actual potential and perils, but reality checks may be needed for managers curious about the technology, says Withum’s Colleen Fay.

As private markets open up and regulatory oversight intensifies, managers are turning to tech and outsourcing to keep pace with new developments, says Alexander Traub at Alter Domus

When deciding between insourcing, outsourcing or co-sourcing, CFOs should consider the benefits and drawbacks of each alongside their firm’s particular needs, write William Andreoni, Louis Crasto and Adam DePanfilis at RSM US

Provisions that mitigate clawback risk are becoming a more important part of the LP-GP conversation, says Tim Eberle, managing director and head of waterfall services at the Citco group of companies (Citco)

The move from manual methods to more robust tools is increasing efficiency while cutting costs, say Chris Franzek and Harris Antoniades, managing directors at Stout.