The Federal Reserve is restarting its Term Asset-Backed Security Loan Facility (TALF) program, which was very successful during the 2008 financial crisis. This program is designed to strengthen the market for asset-backed securities. Through this facility, the Federal Reserve will lend up to nine times the amount an investor group raises through a fund.
This discussion will review:
- How the TALF 2020 program works and the lessons learned from the 2008/2009 See more +
The Federal Reserve is restarting its Term Asset-Backed Security Loan Facility (TALF) program, which was very successful during the 2008 financial crisis. This program is designed to strengthen the market for asset-backed securities. Through this facility, the Federal Reserve will lend up to nine times the amount an investor group raises through a fund.
This discussion will review:
- How the TALF 2020 program works and the lessons learned from the 2008/2009 iteration
- Who can take advantage of TALF 2020
- Why investment management professionals and investors should be excited about TALF 2020
- What a TALF 2020 Fund should look like and what are the applicable mechanics
- The best time to access TALF 2020.
Pepper Hamilton set up a number of successful TALF funds during the last crisis in 2008 and is already actively receiving inquiries about how to take advantage of this program during the uncertainty created by the pandemic of 2020.
This is a recording of the webinar. See less -