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ARTICLE · 20 NOVEMBER 2024

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 finance circles.

BermudaFinance and Banking
Matthew Stocker
Matthew Stocker
Barnabas Finnigan
Barnabas Finnigan
Derek Stenson
Derek Stenson
Anna-Lise Wisdom
Anna-Lise Wisdom
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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 finance circles. It remains to be seen whether this deal remains a one off, or marks the start of a new and exciting era in the worlds of fund and structured finance, but it is certainly reflective of the steady evolution of fund finance transactions from a specialised "novelty" to a more mainstream financing and asset class.

The Conyers finance team is well placed to help unpack some of the nuts and bolts of these transactions.

What are capital call facilities?

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