In this Ropes & Gray podcast, asset management partner
Isabel Dische and finance partner Patricia Lynch dive into the use
of capital call facilities by private investment funds.
Specifically, they go into detail on some of the pros and cons for
limited partners of such subscription facilities, recent ILPA
guidelines relating to their use, the market response to the ILPA
guidelines, and their predictions for the future of the market
following the adoption of these ILPA guidelines.

Transcript:
Isabel Dische: Hello, and welcome to our
podcast. My name is Isabel Dische, and I am a partner at Ropes
& Gray in our asset management group. Joining me today is
Patricia Lynch, a partner in our finance group, who regularly
advises private investment funds on subscription facilities and
also leads the firm's U.S. securitization practice. In
today's podcast, we will be focusing on the use of capital call
facilities by private investment funds. We will discuss some of