Facility is for AlpInvest Co-Investment Fund VIII, with interest payments linked to ESG performance
Facility is related to the portfolio of Bluewater Energy Fund I, which closed in 2013 on $861m
"We see no ceiling for the adoption of NAV-based financing as a standard tool for portfolio management"
Unquote interviews Sam Kay from Travers Smith, finalist in the Fund Structuring category at the 2020 British Private Equity Awards
Market participants discuss IRR-enhancing tactics, emergency liquidity and negotiations with LPs
Key investors include Glendower Capital, Blackstone's Strategic Partners and BMO Global Asset Management
LPs in Exponent III include Aberdeen Standard Investments, Central Pension Fund and CNP Assurances
Funds provided will enable the manager to invest further in their existing portfolio companies
The Unquote team looks at how PE managers are turning to fund financing in a bid to shore up their portfolios
GPs seek to raise pots of capital fast to insulate their portfolio companies from the economic fallout of Covid-19
Texas-based GP is aiming to secure up to $500m in a February close for its debut fund
unquote” brings together a group of leading practitioners to analyse industry developments during 2017 and discuss emerging trends heading into 2018
Debt volumes were up 9% in Q3 2016 as lower yields prompt wave of recaps and refinancings
PE funds have long used credit facilities, but are these loans now being used to boost IRRs?