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ARTICLE · 09 SEPTEMBER 2026

Capitalising On An Expanding Liquidity Toolkit

Fried, Frank, Harris, Shriver & Jacobson LLP
Fried, Frank, Harris, Shriver & Jacobson LLP
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Fried, Frank, Harris, Shriver & Jacobson LLP

Fried, Frank, Harris, Shriver & Jacobson LLP

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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.

United KingdomFinance and Banking
Adam Summers
Adam Summers
Jons Lehmann
Jons Lehmann

Q How would you describe the state of the fund finance market and the expanded liquidity toolkit available to managers?

Jons Lehmann: The fund finance market is in an interesting phase at the moment, with a lot of creativity across the industry. As a result, liquidity is gen erally good, with financial institutions and private capital providers looking for opportunities to make capital available.

What is really helping the market grow at this stage is continued innova tion around the different types of fund and finance products coming to market that both create new access points for investors that were previously unable to participate in this market and open up new liquidity pools to sponsors. Where previously, capital was flowing in mainly from traditional institutional investors, there are now opportunities to receive capital and liquidity from insurance providers, retail investors, secondary investors and other market participants. That is evidenced by the different types of

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