In Private Equity International’s latest magazine, FFP co-founder, Zac Barnett, takes an in-depth look at these tools, including subscription, NAV, hybrid, management company and general partner financings, along with non-traditional, insurance company lender facilities, and explains how the varying solutions benefit LPs, asset management platforms and principals.
Every year, Private Debt Investor spotlights individuals under 40 who have demonstrated noteworthy leadership and innovation in the private debt industry. We are thrilled to announce that FFP’s Co-Founder, Richard Wheelahan, has been chosen as one of PDI’s 2020 Rising Stars. His dedication to FFP’s clients and the asset management industry has certainly made an impact on private debt’s evolution, and we’re proud he’s part of FFP!
New lending is happening, but it’s a different world out there for some, and you may find yourself looking for a new bank. In Buyouts Magazine’s latest edition, FFP’s co-founder Zac Barnett and other industry experts weigh in with their advice on getting subscription financing in the new environment. To read the full article, “A borrower’s guide to an unmappable landscape” go to page 26.
In part three of “The shifting landscape for subscription credit”, Graham Bippart deals with real credit concerns for some sub line lenders, despite almost pristine credit performance in the sector, so far. It then looks at the ways in which lenders are trying to mitigate or hedge against those concerns, including NAV covenants, LP skin in the game via minimum-called capital requirements and looking at assets as potential secondary sources of repayments.