Market Insights
Capital Call Lines for Venture Capital Funds
Capital Call Lines for Venture Capital Funds. Institutional structuring guidance on institutional LP commitments and investment pacing, lender sizing, downsi.
Fund Finance
Market Insights
Hybrid NAV and Subscription Facilities for Mature Funds
Hybrid NAV and Subscription Facilities for Mature Funds. Institutional structuring guidance on uncalled commitments plus portfolio value, lender sizing, down.
Market Insights
Capital Call Finance for Infrastructure Funds
Capital Call Finance for Infrastructure Funds. Institutional structuring guidance on long-dated commitments and project funding cadence, lender sizing, downs.
Market Insights
Fund-Level Preferred Equity Versus NAV Debt
Fund-Level Preferred Equity Versus NAV Debt. Institutional structuring guidance on cost, control, repayment and distribution priority, lender sizing, downsid.
Market Insights
Financing GP-Led Secondary Transactions
Financing GP-Led Secondary Transactions. Institutional structuring guidance on asset value, rollover equity and liquidity needs, lender sizing, downside risk.
Market Insights
Financing Acquisitions of LP Interests in Private Funds
Financing Acquisitions of LP Interests in Private Funds. Institutional structuring guidance on discounted NAV, unfunded commitments and distributions, lender.
Market Insights
Debt Financing for Secondary Fund Acquisitions
Debt Financing for Secondary Fund Acquisitions. Institutional structuring guidance on LP interest purchase price and underlying NAV, lender sizing, downside.
Market Insights
Portfolio-Level Debt for Multi-Asset Private Equity Funds
Portfolio-Level Debt for Multi-Asset Private Equity Funds. Institutional structuring guidance on cross-collateralized fund value and portfolio distributions.
Market Insights
Fund-Level Liquidity Before Portfolio Company Exits
Fund-Level Liquidity Before Portfolio Company Exits. Institutional structuring guidance on expected realizations, fund term and bridge use, lender sizing, do.
Market Insights
NAV Loan LTV, Haircuts and Eligible Portfolio Value
NAV Loan LTV, Haircuts and Eligible Portfolio Value. Institutional structuring guidance on valuation methodology, debt look-through and asset eligibility, le.
Market Insights
Fund Finance for Delayed Portfolio Distributions
Fund Finance for Delayed Portfolio Distributions. Institutional structuring guidance on cash upstreaming, portfolio company restrictions and exit timing, len.
Market Insights
NAV Loan Cash Sweep Mechanics After Portfolio Exits
NAV Loan Cash Sweep Mechanics After Portfolio Exits. Institutional structuring guidance on realization proceeds, mandatory prepayment and distributions, lend.