153 results found

MiFIR reportability has stayed the same for UK firms but has narrowed in scope for EU firms.

This article examines the unique features of net asset value (NAV) facilities for credit funds, contrasting them with other asset classes, from pre-facility stages to lender recourse in distressed situations.

The trend of "retailisation" in private funds is growing, with fund managers increasingly targeting retail capital sources, such as high-net-worth individuals, private banks, and customized products. Regulatory complexities apply, including the need for key information documents under the PRIIPs Regulation in the EU and additional requirements in the UK. Despite these challenges, vehicles like the ELTIF, LTAF, and Luxembourg's UCI Part II aim to facilitate access to retail investors. Fund manage

In our recent alert Loan Origination Under AIFMD2: A Guide on loan origination under the revised Alternative Investment Fund Managers Directive (AIFMD2)...

For private fund managers, the benefit of retailisation is clear: an opportunity to raise additional capital and increase assets under management via an expanded investor base.

We recently interviewed Head of Business Development, Fund Services, Paul Spendiff about how to effectively market alternative investment funds across Europe.

On 22 January 2025, the Institutional Limited Partners Association ("ILPA") released its much anticipated updated Reporting Template and a new Performance Template...

The article explains actions of accounting, a legal process allowing beneficiaries to compel executors to provide financial transparency and payments. This remedy helps address estate management delays or failures.

In this article, the authors consider the use of continuation funds in private credit by comparing and contrasting their adoption with increasingly popular...

How individual schools in multi-academy trusts (MATs) are funded presents leadership teams with a challenge.

As commentators highlight the challenges higher interest rates pose for private credit funds, why might non-payment insurance support competitive advantage?

The fund finance industry has seen rapid growth since 2018, driven by increased demand from GPs and the entry of alternative capital from insurers and private credit funds, offering stability amid market volatility. Fund finance products attract institutional capital for their diversification, resilience, and risk-adjusted returns, meeting rising demand as liquidity pressures grow.

Katten's August 2024 UK Financial Insights covers EU Corporate Sustainability Reporting Directive deadlines, cybersecurity threats for financial firms, FCA consultations on UK wholesale market regulations, final rules on the UK Overseas Funds Regime, and navigating break clauses in commercial leases.

Tax avoidance scandals over the past decade have put international organisations' tax affairs in the spotlight.

Navigating the changing environment for credit investing and how our strategies seek to add value in a wide variety of investor circumstances.

The Ropes & Gray team recently attended the 9th Annual European Fund Finance Symposium, hosted by the Fund Finance Association in London on September 18 where market participants gathered...

Fried Frank partners Adam D. Summers and Jons Lehmann discuss the evolving fund finance market and the expanding array of liquidity solutions available to fund managers. The Q&A examines critical factors influencing tool selection, lender expectations, and how different strategies align with specific fund structures and investment approaches.