The Fund Finance Association's Virtual Symposium took place
from 16th to 20th November. Attendees enjoyed daily sessions with a
focus on a European, Asia-Pacific, and Global perspective. Appleby
Partners Jeremy Berchem, Fiona Chan and Anna-Lise Wisdom plus
Senior Associate Nicole Sorbie reflect on the key trends and
takeaways from the event.
Reflections from EUROPE
Change of Players and market resilience
One of the key themes emerging was the expanding lender market
and the steps that are being taken, both at a governmental level
and at the market level, to secure the future of the industry.
The covid-19 pandemic has brought with it uncertainty: a term
seen as less than preferable to the risk appetites and credit
considerations of more traditional lenders. As the historical
players pause for thought, the subscription, hybrid and NAV lending
field has opened up to a raft of new alternative players, including
non-bank lenders and credit funds, taking this as an