We are now more than a full quarter into 2025, and it has been a very busy start to the year for the CWT fund finance practice, thanks in part to a busy quarter for secondaries fund finance deals. This is on the back of an...more
NAV loans are getting constant coverage in the press now. For those of us that spent years trying to direct focus to the potential of NAV lending, this is a welcome development. Admittedly, not all of the coverage is...more
Between Omicron, the holidays, and down-to-the-wire end-of-year closings, it was a hectic finish to 2021. But now that the calendar reads 2022, we wanted to reflect this week on the state of the NAV finance market and provide...more
1/7/2022
/ Borrowers ,
Consumer Financial Products ,
Coronavirus/COVID-19 ,
Environmental Social & Governance (ESG) ,
Family Offices ,
Financial Markets ,
Financing ,
Infectious Diseases ,
Lenders ,
Libor ,
Loans ,
NAV ,
Private Equity Funds ,
Registered Investment Companies (RICs) ,
Secured Overnight Funding Rate (SOFR)
This article focuses on how private company and private fund interests are typically valued in NAV loan facilities and the increased focus we have seen lenders place on valuation issues since the beginning of the...more