Fund Finance
Subscription Lines for First-Time Funds: What Lenders Need From Emerging Managers
How emerging managers can secure a subscription line for a first-time fund, and what lenders check in the LP base and fund documents.
Fund Finance
Fund Finance
Using a NAV Facility to Fund LP Distributions: LPAC Consent, Disclosure and Lender Terms
A GP guide to funding LP distributions with a NAV facility, covering LPAC consent, ILPA disclosure expectations and lender terms.
Fund Finance
NAV Lending Security Packages: Full Collateral vs Security-Lite
NAV Lending Security Packages: Full Collateral vs Security-Lite. A lender-focused Financely guide to NAV facility structuring, underwriting and documentation.
Fund Finance
Valuation Challenge Rights in NAV Facilities
Valuation Challenge Rights in NAV Facilities. A lender-focused Financely guide to NAV facility structuring, underwriting and documentation.
Fund Finance
Distribution Account Control in NAV Lending
Distribution Account Control in NAV Lending. A lender-focused Financely guide to NAV facility structuring, underwriting and documentation.
Fund Finance
Transfer Restrictions in NAV Credit Facilities
Transfer Restrictions in NAV Credit Facilities. A lender-focused Financely guide to NAV facility structuring, underwriting and documentation.
Fund Finance
Cure Rights After an NAV LTV Breach
Cure Rights After an NAV LTV Breach. A lender-focused Financely guide to NAV facility structuring, underwriting and documentation.
Fund Finance
Borrowing Base Redeterminations in NAV Facilities
Borrowing Base Redeterminations in NAV Facilities. A lender-focused Financely guide to NAV facility structuring, underwriting and documentation.
Fund Finance
Eligibility Criteria and Exclusion Events in NAV Borrowing Bases
Eligibility Criteria and Exclusion Events in NAV Borrowing Bases. A lender-focused Financely guide to NAV facility structuring, underwriting and documentation.
Fund Finance
Independent Valuation Reports in NAV Lending
Independent Valuation Reports in NAV Lending. A lender-focused Financely guide to NAV facility structuring, underwriting and documentation.
Fund Finance
Side Letter Diligence in NAV Financing
Side Letter Diligence in NAV Financing. A lender-focused Financely guide to NAV facility structuring, underwriting and documentation.
Fund Finance
Investor-Level NAV Facilities Against Fund Interests
Investor-Level NAV Facilities Against Fund Interests. A lender-focused Financely guide to NAV facility structuring, underwriting and documentation.