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ARTICLE · 08 JANUARY 2021

Podcast: COVID-19: End Of Life Fund Issues

Ropes & Gray LLP
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In this Ropes & Gray podcast, asset management partner Jason Kolman and counsel Steve Zaorski discuss certain challenges facing funds reaching the end of their terms...

United StatesFinance and Banking
Jason E. Kolman
Jason E. Kolman
Steve Zaorski
Steve Zaorski
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In this Ropes & Gray podcast, asset management partner Jason Kolman and counsel Steve Zaorski discuss certain challenges facing funds reaching the end of their terms, which have intensified in light of COVID-19-related disruptions.

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Transcript:

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Jason Kolman: Hello, and thank you for joining us today on this Ropes & Gray podcast. I'm Jason Kolman, a partner in the asset management group of the Boston office. Joining me today is my colleague, Steve Zaorski, a counsel in our asset management group in the New York office. Today, we are going to talk about end of fund life issues. In recent months, a number of funds that were raised during the Great Recession of 2007-2008 are starting to reach the end of their terms. As luck would have it, some of these funds are running into issues with disposing of their assets during the current recession and the volatile economic climate brought on by COVID-19. But the good news is that there are a number of options to take

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