The Unquote team looks at how private equity managers are turning to fund financing in a bid to shore up their portfolios amid the crisis, and hears from Investec's Matt Hansford about the evolution of these facilities in the months preceding the outbreak
PE firms are seeking to shore up their portfolio companies amid the economic sinkhole of Covid-19, but if sourcing liquidity proves impossible, managers can turn to fund financing to back their businesses. Katharine Hidalgo speaks with Unquote associate editor Denise Ko Genevese and Debtwire reporter Oscar Geen about NAV and preferred equity, and to Investec's Matt Hansford about the evolution of such facilities and pricing
1:20 All hands on deck
5:01 Interview with Matt Hansford, Investec
15:12 Pricing in the pandemic
Note: Matt Hansford's interview was recorded prior to the onset of the Covid-19 outbreak.
Theme music: ©2012 Kick Up The Fire
Fund targets Baltic and Nordic startups with female founders and gender-balanced executive teams
Waterland-backed Danish company Helgstrand Dressage has acquired and merged with equestrian show jumping business Ludger Beerbaum Stables.
GP is deploying equity from Zefyr Invest III, and Bramidan is its third acquisition from the vehicle
GP invests in the company via Mérieux Participations 3, which closed on €377m in January 2020