The key component of any subscription credit facility is the underlying capital commitments that are pledged to secure the facility. Virtually every lender will require some level of over-collateralization – meaning, investor...more
At the bottom of the stack in investment fund structures, there are generally “real” assets—things like equity interests in portfolio companies, mortgage loans, commercial receivables, maybe even bricks and mortar. Fund...more
6/28/2024
/ Asset Management ,
Blockchain ,
Collateral ,
Cryptocurrency ,
Digital Assets ,
Equity ,
Financial Markets ,
Financial Services Industry ,
Financing ,
Investment Funds ,
Investors ,
Perfected Security Interest ,
Securities ,
Uniform Commercial Code (UCC)
One of the important components of the collateral package for a subscription finance facility is the lender’s perfected security interest in the fund’s bank deposit account into which the actual cash constituting the proceeds...more