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Fund Finance

We offer a team with deep experience providing fund- and asset-level leverage solutions for private equity, real estate, investment, special situations and infrastructure funds. 

in the establishment of credit facilities for private equity, real estate,
mezzanine, infrastructure and other funds

Our market-leading Fund Finance Practice complements the Firm’s preeminent Private Funds Practice in representing clients across a broad spectrum of transactions encompassing all aspects of the investment management business. The team has comprehensive knowledge of financial instruments used in a variety of circumstances and at all levels of the capital structure.

Capitalizing on our extensive experience, we have represented leading fund sponsors in North America, Europe, South America and Asia in the use of innovative financial products and cutting-edge deal structures, such as:

  • Secured and unsecured subscription (or capital call) facilities to bridge capital calls, provide working capital and make investments

  • NAV-based facilities and hybrid variations for funds to obtain liquidity based on portfolio asset value (including aftercare facilities for funds that are later in their life cycles with less uncalled capital)

  • Loan programs that allow partners and employees to finance their capital commitments to the general partners of their funds

  • Management lines of credit secured by management and transaction fee streams

  • Liquidity financings for registered funds and business development companies

  • Letter of credit facilities provided to funds to support obligations in connection with portfolio investments

  • Fund guarantees of portfolio level financings

We believe that through our representation of a diverse group of fund clients, our in-depth knowledge of the funds marketplace is unsurpassed. Our fund finance team brings a unique degree of experience and offers invaluable insight into the expectations and considerations of our clients.

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