Global Legal Insights (GLI) published a “England & Wales” chapter co-authored by Samantha Hutchinson, Nathan Parker, Sukhvir Basran and Michael Hubbard in Fund Finance 2025 (Ninth Edition).
The last 12 months have, once again, seen continued innovation and development in the fund finance industry. Most notable have been the consistent interplay between structured finance solutions and fund finance with some standout English law governed transactions completed this year; the increased look to institutional capital to enhance liquidity for fund finance transactions; the fund finance initiative launched by the Loan Market Association (“LMA”), which focuses on improving liquidity, efficiency, transparency and supporting the sector through guidelines, education and collaboration; the role of ESG in fund finance; increased regulatory focus on fund finance transactions; and, of course, the continuous discussions around the use of net asset value (“NAV”) based financings among alternative asset managers.
The chapter explores two of these developments particularly as they relate to English law transactions – NAV financing (when does it become uneconomical and how would an enforcement of this type of facility look?) and ESG.
GLI - Fund Finance 2025 covers legal trends and developments in the greater fund finance markets providing law firms, financial institutions, funds and investors with a comprehensive insight. The book includes 31 product-oriented chapters together with 19 jurisdictions.
Click here to read the chapter