Private credit funds (PCFs) are emerging as key players in the subscription and net asset value (NAV) line market, significantly impacting fund financing. Regulatory changes, economic trends, and strategic innovations are...more
7/23/2025
/ Banks ,
Capital Requirements ,
Credit Funds ,
Financing ,
Investment Funds ,
Lenders ,
Loans ,
NAV ,
Partnerships ,
PCFs ,
Private Equity ,
Regulatory Requirements ,
Risk Management ,
Securitization ,
Securitization Standards
The landscape of subscription line lending is undergoing significant transformation, with both private credit funds (PCFs) and traditional banks playing crucial roles. PCFs, which pool capital from institutional and...more
7/23/2025
/ Banks ,
Capital Rules ,
Credit Funds ,
Financial Institutions ,
Financing ,
Investment Funds ,
Investors ,
Lenders ,
Loans ,
PCFs ,
Private Equity Funds ,
Private Funds ,
Subscription Services
What began as an outlet for companies with riskier credit to raise debt, the private credit asset class has morphed into a viable alternative lending source for middle-market and, increasingly, large-cap companies. Private...more
In Worthy Lending LLC v. New Style Contractors. Inc., New York’s highest court, the New York Court of Appeals, has ruled that a security interest includes a lender’s right to force the borrower’s account debtors to remit...more
On September 19, the Securities and Exchange Commission’s Investor Advisory Committee held a hearing to discuss the risks of increased leverage in the loan market and the potential impact leveraged loans and collateralized...more
10/29/2019
/ Arbitrage ,
Capital Requirements ,
Collateralized Loan Obligations ,
Covenant Lite Deals ,
Disclosure Requirements ,
EBITDA ,
Financial Markets ,
Information Sharing ,
Leveraged Loans ,
Loans ,
Rating Agencies ,
Regulatory Requirements ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
LIBOR has been referred to as “the world’s most important number,” and $350 trillion in financial products pegged to LIBOR provide strong reason for believing that description to be true. LIBOR, the London Interbank Offered...more