153 results found

Net asset value (NAV) facilities have evolved from a niche financing product into core infrastructure supporting private markets, as managers increasingly use them to enhance liquidity, support portfolio management, and create flexibility within fund structures. As adoption accelerates and investor scrutiny intensifies, the focus is shifting from whether these facilities should be used to how they are governed, with growing emphasis on valuation discipline, transparency, and risk management frameworks. The

A couple of years ago we wrote an article about preparing Buy & Maintain (B&M) portfolios for Net Zero. That used portfolio statistics from a B&M fund many of our clients hold to demonstrate...

The long-awaited SFDR 2.0 has finally been published by the European Commission. It proposes a significant reset of the EU's sustainable finance disclosure framework, reshaping the current...

In a memorandum issued on 21 February 2025 and titled "America First Investment Policy", President Trump set out his administration's new policy towards foreign investment into the US.

Proskauer fund finance partner Mei Mei Wong and Pemberton's Cassandra Fahy explore the evolution of net asset value-based fund financing, examining how this increasingly sophisticated tool has transformed from a niche product into an established component of the private equity landscape. Their discussion reveals how NAV financing serves diverse purposes across fund lifecycles, from portfolio value creation to LP liquidity solutions, while addressing the critical considerations around valuation, leverage, an

Macfarlanes offers a distinctive approach to serving private capital managers by integrating top-tier legal expertise with complementary non-legal services. This combination creates a comprehensive solution designed specifically for the unique needs of private capital firms.

Both opportunities and challenges have arisen for the asset management industry as a result of the rapid introduction of UK and EU sustainable finance regulation in recent years.

When looking to launch a search fund there are two potential models which can be used.

Following the start of development work on an accelerated procedure for the regulatory recognition of significant risk transfer ("SRT") securitisations last year, the European Central Bank ("ECB")...

The fundraising market for private fund sponsors remains highly competitive, and for many sponsors, offering inducements to investors has become a core element of their fundraising strategy.

Managers that offer ESG-focused funds to European investors should take note of the final "Guidelines on Funds' Names Using ESG or Sustainability-related Terms"...

London Hot Topics 2026 brought together fund managers, investors and advisers to discuss some of the most pressing issues currently shaping the investment management industry.

The private funds radar is our regular roundup of developments from around the world for private fund stakeholders.

On 2 May 2024, the Fund Finance Association hosted its 8th Annual European Fund Finance Symposium at the Queen Elizabeth II Conference Centre in London...

Rated note feeder funds are transforming how institutional investors access private capital by converting equity exposures into rated debt instruments. Originally designed for US insurers seeking better capital treatment, these structures have gained significant momentum, with the market more than doubling in recent years. As interest grows in their application under Solvency II and UK frameworks, understanding the practical and structural considerations becomes essential for both fund managers and investor

The private funds radar is our regular roundup of developments from around the world for private fund stakeholders.

This Article explores the reform of the UK Money Market Fund Regulation (“MMFR”) and what it means for money market funds (“MMFs”) and managers.

This note sets out the scope of the European Securities and Markets Authority's (ESMA) final guidelines on funds' names using ESG or sustainability-related terms (the Guidelines).