Carmela Mendoza

Increased appetite from Institutional investors, access to liquidity and the proliferation of bespoke structures have accelerated change in fund finance, according to panellists at the European Fund Finance Symposium.

Developments including the evolution of use cases and a wider universe of lenders create a more flexible yet complex ecosystem.

The €2.3bn Fund V has raised more than double the amount of its 2021-vintage, €1bn predecessor.

As fundraising pressures mount, LPs are seeking greater control, sharper economics and stronger protections against succession and zombie fund risks, new research from the law firm shows.

The firm posted its largest-ever monetisation quarter, with $848m of realised performance income across strategies and exit multiples as high as 20x.

The firm posted its largest-ever monetization quarter, with $848m of realized performance income across strategies and exit multiples as high as 20x.

The firm's US buyout strategy distributed capital at more than double the industry rate, chief executive Harvey Schwartz noted on the firm’s latest results call.

The firm's US buyout strategy distributed capital at more than double the industry rate, chief executive Harvey Schwartz noted on the firm's latest results call.

As deploying capital gets harder, lenders and lawyers are turning to hybrid structures that blend sub-line mechanics with parallel vehicles and squeezing more leverage out of uncalled commitments.

Capital alone is no longer the deciding factor for management teams evaluating potential GP partners, argued CEOs from Eurazeo, Astorg and Ridgepost at an industry event on Wednesday.