Subscription Credit Lines

The rating agency cites LTV triggers and scheduled amortization as bulwarks against trade-driven volatility.

The growth is driven by non-US banks seeking capital relief as Basel III Endgame looms.

Lender competition is strong, but fundraising woes are still stifling GP demand.

Banks take 'holistic' approach to fund finance; supply in sub lines outpaces demand.

The panel includes dozens of stakeholders from across the fund finance market.

Haynes Boone is betting on fund finance’s increasingly structured future by hiring seven attorneys from Seward & Kissel. The new squad will focus on such emerging arrangements as synthetic risk transfers, collateralized fund obligations and securitized subscription lines. Albert Tan, who co-heads Haynes Boone’s fund finance practice group, said interest from its banking and insurance […]

Platform that matches parties for sub lines broadens product scope – and gives GPs the ability to invite their relationship lenders.

Ratings may help to lower borrowing costs for GPs.