Credit facilities secured by private equity interests and assets held by debt funds

Global Legal Insights to: Fund Finance 2018 covers legal trends and developments in the greater fund finance markets providing law firms, financial institutions, funds and investors with a comprehensive insight.

Dechert partners Jay R. Alicandri, Christopher P. Duerden and Matthew K. Kerfoot authored the chapter titled, “Credit facilities secured by private equity interests and assets held by debt funds.”

This chapter sets out some of the salient issues borrowers and lenders should be mindful of in structuring credit facilities secured by private equity LP interests (“fund-of-funds facilities”) and assets held by private and public debt funds (“asset-based facilities”).

Read “Credit facilities secured by private equity interests and assets held by debt funds.”