Hedge Funds Nuts & Bolts: Direct Lending Funds

Direct lending funds continue to experience dramatic growth, as investors reallocate capital away from highly-regulated banks and other traditional lenders. In addition to historic regulatory pressure on bank balance sheets, additional factors behind this growth include regional bank consolidation and on-going limited access for private companies to the capital markets.

In this webinar, attorneys from Dechert’s Financial Services and Investment Management Group provided an overview of the private lending space and examined different types of direct lending fund structures, the financing options and structures available to provide leverage to these funds, and issues related to liquidity and valuation of private company loan portfolios.