NAV & Hybrid Legal Updates
Foundational Legal Updates
All NAV & Hybrid Legal Updates
Net Asset Value Credit Facilities: An Overview
As real estate, buyout, infrastructure, debt, secondary, energy and other closed-end funds mature beyond their investment or commitment periods (the “Investment Period”), they have often called and deployed the majority...
Separate Accounts vs. Commingled Funds: Similarities and Differences in the Context of Credit Facilities
The use of managed accounts as an investment vehicle has been widely publicized of late with institutional investors such as the California State Teachers’ Retirement System and the New York...