The Neuberger Berman unit has securitised future cashflows from underlying GPs’ management fees to return distributions to its LPs.
2 min read · 24 June 2020
The latest guidance from the LP body encourages GPs to disclose net IRR with and without the use of such facilities, in addition to the methodology used to reach that figure.
3 min read · 11 June 2020
Portfolio finance can offer additional investment firepower or a source of liquidity, both of which are in high demand in the fallout from the pandemic, explains Augustin Duhamel.
5 min read · 25 May 2020
In the first of a series on the implications of leverage use by secondaries funds in a downturn, we look at fund-level facilities.
4 min read · 05 May 2020
Investec Fund Finance’s Slade Spalding discusses options GPs have when raising or releasing equity against their management companies, in this sponsored article.
5 min read · 05 March 2020
The preferred equity specialist’s founder Pierre-Antoine de Selancy discusses what finance is available after a vehicle’s investment period in this sponsored Q&A.
6 min read · 26 February 2020
Dividend recaps and back-levered preferred equity are among the trends to emerge in the past year, according to a survey obtained exclusively by Secondaries Investor.
2 min read · 24 February 2020
The preferred equity specialist is seeking €1.8bn for its fifth flagship vehicle.
1 min read · 21 October 2019
The appointment comes one month after the Blackstone secondaries unit amassed $11.1bn for its Fund VIII.
1 min read · 04 September 2019
