What happens when a majority owner makes a bad-faith capital call?
Podcast: Fund Subscription Facilities: Key Considerations for Limited Partners
On an aggregate basis, banking industry net revenue improved in Q1 despite flattish NIM on near-record non-interest income and expense improvements....more
The primary purpose of a capital call facility is to provide bridge financing to a fund borrower that may be drawn upon, in lieu of calling capital, to make investments in accordance with the fund’s business purpose. In...more