News & Analysis as of

Debt Financing Investment Funds

Haynes Boone

Fund Finance Insights: Prevalence of Concentration Limit Holidays

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Introduction - Concentration limits are a familiar risk-management tool for lenders in subscription line facilities. By capping the amount of borrowing base credit that can be attributed to any single investor or group of...more

Conyers

Chambers Global 2025: An Introduction to British Virgin Islands Corporate & Finance Including Investment Funds

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The BVI Corporate team consisting of Partners Robert J.D. Briant, Partner Anton Goldstein, Partner Rachael Pape, Partner Eric Flaye and Counsel Nicholas Kuria were pleased to contribute to the BVI Jurisdictional overview to...more

McDermott Will & Schulte

Key Takeaways | Deploying Sponsor Capital: Tactical Financing Moves for Portfolio Companies

During this session, the panelists explored whether portfolio company support should come from the sponsor or lenders when portfolio companies require additional funding. They discussed when to deploy sponsor-backed financing...more

Ropes & Gray LLP

Infrastructure investing in 2025: Takeaways from Infralogic’s Investors Forum

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What’s ahead for the infrastructure market? Ropes & Gray lawyers gained insights from attending the Infralogic Investors Forum in New York, held on April 25. We heard from experts in the global infrastructure and energy...more

Paul Hastings LLP

Private Debt Explosion: Breaking New Ground

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In the last 12 months, we have seen private debt markets take off over other strategies. In particular, there are now more creative ways of bringing in new types of investors to this asset class, including insurers, pension...more

Cadwalader, Wickersham & Taft LLP

Miami Bound February 2025 - The UAE: A New Private Credit Oasis?

Private Credit is a hot – if not the hottest – asset class right now. This asset class has a nexus to a number of Cadwalader’s practices from fund finance to capital markets and beyond. To that end, last week we attended the...more

Goodwin

Fund Finance: 2024 Reflections and Looking Ahead to 2025

Goodwin on

The year 2024 was one of innovation and growth for the fund finance market. In October, Ares published its fund finance whitepaper, in which it estimated the global fund finance market to already be $1.2 trillion and growing...more

Cadwalader, Wickersham & Taft LLP

Give and Take February 2025 - When Relationships Go South

In entering into a fund financing, both the Lender and the Fund have expectations that the relationship will be a success.  The Lender is appreciative of the association, and the Fund is confident in its ability to raise...more

Proskauer Rose LLP

2025 Private Credit Survey Shows Enthusiasm for Dealmaking and Lending in Year Ahead - Insights

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NEW YORK and LONDON, February 3, 2025 – Leading international law firm Proskauer today shared its 2025 Trends in Private Credit report, highlighting market participants’ strong belief that 2025 is expected to be an exciting...more

Conyers

Capital Call Securitisations: Fund Finance’s New Frontier…? An Offshore Perspective

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The recent closing by Goldman Sachs of its highly innovative and market leading US$475 million “capital call” securitisation of subscription credit lines has generated a lot of interest in both fund finance and structured...more

Latham & Watkins LLP

Latham Texas Private Funds Breakfast Series Fund Portfolio Company Finance

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This fall, Latham’s Investment Funds Practice provided guidance on financing options and considerations for funds and portfolio companies in the second installment of the Private Funds Breakfast Series. The quarterly series...more

Orrick, Herrington & Sutcliffe LLP

Deal Flow 3.0: European Venture Capital Deal Term Review 2022

Foreword - Despite a shift to economic headwinds, investors injected more than $95B into the European tech market in 2022, the second-largest amount ever. To see how deal terms changed, Orrick developed new technologies and...more

Nutter McClennen & Fish LLP

Structuring Fund Debt-Financed Investments in S Corporation Businesses to Minimize Ordinary Income to the S Corporation

Partnerships are ineligible S corporation shareholders. So, a partnership cannot acquire shares in an S corporation without terminating that corporation’s S election. However, a partnership can still invest in an S...more

White & Case LLP

Schuldscheine – a global alternative product of the future?

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Schuldscheine, no longer exclusively German products, are gaining international popularity as issuers and financial institutions realise their efficiency, flexibility and propensity for innovation. In the face of uncertainty...more

Sheppard Mullin Richter & Hampton LLP

Opportunity Zones Update New Proposed Treasury Regulations (Part III)

Qualified Opportunity Funds - The Opportunity Zone tax incentive program allows taxpayers that invest in a Qualified Opportunity Fund to (i) defer paying taxes on the capital gain from the sale or exchange of appreciated...more

Akin Gump Strauss Hauer & Feld LLP

Latest Opportunity Zone Rules Clarify Issues Related to Fund Structuring, Qualifying Businesses and Business Property

• The latest set of proposed opportunity zone (OZ) regulations (the “2019 proposed regulations”) provide much-needed flexibility with regard to qualified opportunity funds (“OZ Funds”) and expand the types of businesses and...more

McDermott Will & Schulte

Treasury Provides Additional Guidance on Opportunity Zone Provisions

The Tax Cuts and Jobs Act of 2017 introduced Opportunity Zone Provisions, IRC Sections 1400Z-1 and 1400Z-2, as an incentive to encourage investment in low-income communities. The provisions allow taxpayers to defer tax on...more

BCLP

Focus sur les groupements forestiers d’investissement: Décret 2018-1004 du 19 novembre 2018

BCLP on

Le 22 novembre 2018 est entré en vigueur, le décret 2018-1004 du 19 novembre 2018 portant modernisation du cadre juridique de la gestion d'actifs et du financement par la dette. Publié le 21 novembre au Journal Officiel, ce...more

BCLP

Focus sur les fonds communs de placement d'entreprise internationaux: Décret 2018-1004 du 19 novembre 2018

BCLP on

Le 22 novembre 2018 est entré en vigueur, le décret 2018-1004 du 19 novembre 2018 portant modernisation du cadre juridique de la gestion d'actifs et du financement par la dette. Publié le 21 novembre au Journal Officiel, ce...more

BCLP

Focus sur les sociétés civiles de placement immobilier: Décret 2018-1004 du 19 novembre 2018

BCLP on

Le 22 novembre 2018 est entré en vigueur, le décret 2018-1004 du 19 novembre 2018 portant modernisation du cadre juridique de la gestion d'actifs et du financement par la dette. Publié le 21 novembre au Journal Officiel, il...more

BCLP

Focus sur les fonds professionnels spécialisés: Décret 2018-1004 du 19 novembre 2018

BCLP on

Le 22 novembre 2018 est entré en vigueur, le décret 2018-1004 du 19 novembre 2018 portant modernisation du cadre juridique de la gestion d'actifs et du financement par la dette. Publié le 21 novembre au Journal Officiel, il...more

Skadden, Arps, Slate, Meagher & Flom LLP

European Private Equity Thrives With Record Fundraising

Private equity (PE) fundraising in Europe hit €91.9 billion in 2017, the highest it has been since 2006.1 Of that amount, €71.7 billion was invested in European companies, an increase of 29 percent year over year. This record...more

Jones Day

Relaxation of the French Banking Monopoly—A Major Milestone Reached

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The Situation: On October 4, 2017, ordinance no 2017-1432, which addresses the modernization of the legal regime of assets management and financing debt, was published. The Result: The reform introduces four new exceptions...more

McGuireWoods LLP

Comvest Partners Closes PE Fund at $893 Million

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Comvest Investment Partners V closed with $893 million in total capital commitments, above the $700 million target established at the outset of fundraising....more

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