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This client memorandum from August 2026 provides general information on a legal matter. The communication clarifies that it should not be relied upon as legal advice and may constitute attorney advertising in certain jurisdictions.

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.