Recent press coverage has brought to light allegations of fraud in relation to a subscription credit facility made available to a fund managed by a Florida-based private equity fund manager, JES Global Capital. The...more
For private investment funds with limited or no remaining uncalled commitments, net asset value (NAV) and hybrid credit facilities can provide a useful source of liquidity to support underperforming assets or allow funds to...more
10/7/2020
/ Capital Markets ,
Coronavirus/COVID-19 ,
Credit Agreements ,
Credit Facilities ,
EBITDA ,
Investment Funds ,
Investors ,
Liquidity ,
NAV ,
Portfolio Companies ,
Private Equity Funds