HFLR Program Provides Overview of Five Financing Options Available to Private Funds (Part Two of Two)
July 12, 2018
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The Hedge Fund Law Report
As some private fund managers have looked to finance illiquid and esoteric assets, lenders have developed financing structures that go beyond the more traditional forms of prime broker (PB) financing and secured loans. A recent webinar presented by The Hedge Fund Law Report provided an overview of the following types of financing arrangements used by private funds: total return swap (TRS) financing, structured repurchase agreements (repos), PB financing, special purpose vehicle (SPV) financing and subscription credit facilities. Dechert partner Matthew Kerfoot spoke during the program, which was titled “An Introduction to Fund Finance Structures.”
