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Private Equity Financial Markets

Cadwalader, Wickersham & Taft LLP

Read and React October 2024 - ILPA NAV Guidance: Market Reaction and Practical Considerations

As most Fund Finance Friday readers probably already know, over the summer, the Institutional Limited Partners Association (“ILPA”) issued guidance for Limited Partners (“LPs”) and General Partners (“GPs”) around the use of...more

White & Case LLP

Sector trends - September 2024: Specialty Finance / Marketplace Lending

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UK & European Financial Services M&A: Sector Trends H2 2023 | H1 2024 — Specialty Finance / Marketplace Lending - Consolidation fever grips non-bank lenders and banks alike—SME lending, revenue-based finance and...more

Foley & Lardner LLP

The Outlook for M&A Activity in Q4 2024

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In a highly anticipated move, the Federal Reserve announced an interest rate cut on September 18, reducing rates by 50 basis points to a range of 4.75-5%. This is the first rate cut in four years after interest rates hit a...more

Skadden, Arps, Slate, Meagher & Flom LLP

Challenging Exit and Debt Conditions Prompt Financial Sponsors To Adopt Workarounds

The challenges facing financial sponsors in the past couple of years have been widely discussed. Their funds have amassed over $1 trillion in dry powder that they are competing to deploy in a weak exit market....more

Cadwalader, Wickersham & Taft LLP

Roll the Tape June 2024 - Fund Finance Highlight Reel: The First Half in Pictures

This year is starting to feel a bit more normalized after the 2021-2022 record origination numbers followed by the 2023 market disruption. In many ways, Fund finance has passed the stress test and moved forward. What has 2024...more

Proskauer Rose LLP

Regulation Round Up - April 2024

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Financial Markets Infrastructure: The Bank of England published a speech by Sasha Mills, Executive Director, Financial Market Infrastructure, on operational resilience and its expectations of financial market infrastructures...more

Proskauer - Private Market Talks Podcast

[Podcast] Private Market Talks: Thinking Different in Direct Lending with Hayfin’s Tim Flynn

On this episode of Private Market Talks, we’re joined by Tim Flynn, Co-Founder and CEO of Hayfin, an alternative asset manager that has invested €35 billion of capital across more than 470 portfolio companies since its...more

Skadden, Arps, Slate, Meagher & Flom LLP

Private Capital Remains an Attractive Alternative for Many Companies

Private credit and other forms of private capital have emerged as attractive alternatives to traditional bank loans and capital market offerings for many companies. These sources of funds were critical in recent years when...more

Skadden, Arps, Slate, Meagher & Flom LLP

Global M&A Activity Endures Headwinds in 2023 and Displays Resilience Going Into 2024

Key Points - - While interest rates, uncertainty and other factors negatively impacted deal activity in 2023, we saw a steady flow of carve-outs, spin-offs and joint ventures that offered creative ways to achieve strategic...more

BCLP

Real Estate 2024: Reasons to be Cheerful

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After a challenging landscape for the European real estate sector in 2023 and the echo chamber of pessimism, we think it is important to challenge this perspective with some reasons to be cheerful about 2024 and what it could...more

White & Case LLP

Transatlantic M&A bull run set for comeback

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Encouraged by the relative strength of the dollar and improving financing conditions, US bidders are snapping up European assets - Transatlantic M&A was enjoying record-high activity before the war in Ukraine sparked...more

Goodwin

Debt Download - July 2023

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Welcome to Debt Download, Goodwin's monthly newsletter covering what you need to know in the leveraged finance market. Are the debt capital markets this summer as hot as the weather? Read on to find out!...more

McDermott Will & Emery

Cross-Border M&A Comparison Table

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Cross-border deals are complex and require mastery of multiple disciplines with unique considerations in different regions. Review our table comparing cross-border deal considerations for various topics across the United...more

Cadwalader, Wickersham & Taft LLP

Summertime Reflections July 2023 - Industry Conversations’ — Ares Management's Eli Appelbaum and Richard Sehayek

FFF: There is a lot of discussion around the growth of the fund finance market, and it is fair to say that the market has grown significantly, particularly in the PE NAV space – both in terms of participants and structures....more

White & Case LLP

Fund finance market—adapting to change

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Following a period of rapid growth, the fund finance market has reached an inflection point. Once considered a small, esoteric area of the lending landscape, fund finance—loan facilities secured against investor commitments...more

Akin Gump Strauss Hauer & Feld LLP

Liability Management Exercises: A Transatlantic Perspective

Over recent years, a prolonged period of low interest rates, together with a competitive financing market, has resulted in greater leverage and control for private companies (and their sponsors) when it comes to negotiating...more

McCarter & English, LLP

SEC Issues New Rules for Hedge Fund and Private Equity Disclosures

On May 3, the Securities and Exchange Commission approved a new rule that will require hedge fund advisers and private equity advisers to disclose more information to regulators on Form PF about their stability risks and...more

Goodwin

Debt Download - January 2023

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Welcome to Debt Download, Goodwin’s monthly newsletter covering what you need to know in the leveraged finance market. We hope your year is off to a good start!...more

Latham & Watkins LLP

The Acquisition and Leveraged Finance Review, 9th Edition - Spain

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Market conditions have remained challenging through the past year. The post-pandemic recovery globally saw a significant setback as a result of the war in Ukraine, which exacerbated the pre-existing market issues and led to...more

Walkers

[Fundamentals Seminar] Tuned into Financial Markets - October 31st, 3:00 pm EDT

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We are delighted to be back in New York for the Walkers Fundamentals Seminar - Tuned into Financial Markets. We are also bringing a little extra ‘magic’ this year to NYC with our special keynote speaker. Please join us on...more

Goodwin

Private Equity Market Update - August 2022

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Market Overview - Q2 2022 - Downturn in Credit Markets: In its continued effort to combat rising inflation, the Federal Reserve Bank raised its benchmark interest rate in each of March, May, June and July of this year by...more

Robins Kaplan LLP

Markets Tank Again As Recession Fears Join Inflation Worries

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As expected, traders’ initial exuberance at the Fed’s big rate hike was short-lived, and markets resumed their recent dismal performance on Thursday, as recession fears joined inflation concerns to make for a rough day on...more

Robins Kaplan LLP

Musk Threatens to Pull Out of Twitter Deal Over Fake Account Data

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Another week, another Elon tantrum. This time, Mr. Musk and his legal team have dispatched a “crisp, six-paragraph letter” to Twitter, accusing it of “actively resisting and thwarting” Musk’s rights while “completing a $44...more

Robins Kaplan LLP

Markets Revert to Recent Form as Pessimism Takes Hold

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Back at it. Hope all had a great Memorial Day break. Despite our first week of gains on the Street in a good long while, pessimism is the name of the game for most in the U.S. economy at the moment. Front and center: the...more

Robins Kaplan LLP

Broadcom Weighing $60B Bid for Hybrid Cloud Co. VMWare

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Broadcom is in the throes of negotiations that would see it pay nearly $60 billion for VMWare Inc. in “what would be one of the biggest takeover deals of the year.” News of the potential deal by Broadcom, “a semiconductor...more

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