Anyone who has been involved in the negotiation of loan documentation in recent years – not just in the project finance arena but in the wider syndicated...

Because collateralized fund obligations ("CFOs") can be customized to the unique needs of both funds and investors, those needs will impact the process and timing of the transaction.

A quick look at the agenda for the Fund Finance Association's annual symposium (in less than two weeks!) highlights the continued growing interest in NAV secondaries facilities...

Reports suggest that most family offices allocate capital to alternative assets, with a good portion of that capital flowing into hedge funds.

Private fund managers face several new filing deadlines in the coming months due to recently adopted and amended rules by the US Securities and Exchange Commission ("SEC")...

Last week, the U.S. Small Business Administration (the SBA) announced (1) its holiday schedule for Small Business Investment Company (SBIC) draw applications...

At the heart of the statutory and regulatory framework governing transactions in derivatives in the United States is a customer asset protection regime that requires futures commission merchants (FCM) and derivatives clearing organizations (DCO) to hold customer funds in segregation.

As we warned in a January 29 client alert, President Trump's Executive Orders and the subsequent Office of Management and Budget (OMB) memorandum ordering...

Dimensional Fund Advisors LP ("Dimensional"), a quantitative investment firm, recently filed an application for exemptive relief ("Application") with the Securities...

Back in March of 2021, we covered a number of developments pertaining to the end of LIBOR that came out of certain announcements made early that month by the Intercontinental Exchange Benchmark...

Each audit is to be performed by a public accountant that meets the required independence standards.

With new banking rules on the horizon for financial institutions, lenders are looking for new strategies to bolster lending capacity and accommodate debt issuances.

The Annual Global Fund Finance Symposium was held in Miami from 26-28 February 2025.

The closures of Silicon Valley Bank (SVB) and Signature Bank, and subsequent Federal Deposit Insurance Corporation (FDIC) receiverships, have been unprecedented in their speed and will have significant...

One of the hottest fund finance trends is an alternative investment vehicle that has become increasingly popular.

We are back today to continue along with our tasting menu of state sovereign immunity. In our fifth installment in the series, we will visit Massachusetts, Michigan, Minnesota, Mississippi and Missouri.

The Institutional Limited Partners Association (ILPA) has recently issued new guidance on continuation funds for the private funds industry, following its 2019 guidance on GP-led Secondary Fund Restructurings.

On this episode of Ropes & Gray's California Law for Asset Managers podcast series, asset management counsel Catherine Skulan and Chelsea Childs provide an overview of California's fee disclosure law...

The US Securities and Exchange Commission ("SEC") recently finalized sweeping new rules for private fund advisers (the "PFA Rules") under the Investment Advisers Act of 1940...

The rise of the direct lending market has led to a dramatic rise in supporting liquidity strategies to optimize the market.