Net asset value based credit facilities (“NAV Facilities”) are credit facilities pursuant to which the availability thereunder is based on the net asset value of the investments of the borrower, typically a private fund. The...more
10/12/2023
/ Borrowers ,
Credit Facilities ,
Employee Retirement Income Security Act (ERISA) ,
Insolvency ,
Interest Rates ,
Investors ,
Lenders ,
Liquidity ,
Loans ,
NAV ,
Private Funds ,
Uniform Commercial Code (UCC) ,
Valuation