Jennifer Banzaca

With most capital already deployed, sponsors and LPs are tailoring personnel, triggers and remedies to individual assets in continuation vehicles.

The new finance chief was brought on following a review and upgrade of the firm’s finance systems.

The NAV-lending specialist has also opened an office in Dubai, bringing its global bureau count to three.

The firm promoted eight professionals to partner and 18 to managing director.

The fund finance specialist separated the finance and compliance roles in response to its own growth as well as increased regulation.

Adam Freedman joins the firm following the departure earlier this year of its former compliance chief.

The private equity secondaries firm has been adding products and employees in critical investment and operations functions.

The firm is investing its 2019-vintage ACP Secondaries 4 fund which closed on €1.03bn.

From lenders’ due diligence basics to new processes resulting from increased caution among some lenders, we outline what you should expect when taking out a NAV loan.

NAV loans have seen a significant increase in popularity among managers, and some are looking to make it easier to take them out.