The COVID-19 pandemic will affect managers of private funds in
several ways. The nature and extent to which any particular fund
manager is affected by COVID-19 will depend on many factors,
including the type of fund, the investor base of the fund and
whether the fund is currently being marketed to investors.
In this bulletin, we cover the following topics:
- Considerations for Existing
Closed-End Funds
- Portfolio Company Management and Risk
Mitigation
- Investor Relations
- Operational Matters
- Considerations for Fund Managers
Launching or Marketing a Closed-End Fund
Considerations for Existing Closed-End Funds
We have set out below certain considerations for managers of
closed-end funds to take into account as they navigate the COVID-19
pandemic. While some of the guidance set out below applies
specifically to private equity funds, much of it also applies more
generally to closed-end funds in other asset classes.
