Richard Wheelahan


Since 2007, Richard has been advising fund sponsors and lenders, in both an advisory and principal capacity. In addition to co-founding FFP, Richard was the General Counsel, Chief Compliance Officer and a Director of a $3 billion asset manager investing debt and equity in lower middle-market companies. During his ten year tenure, Richard executed numerous capital markets initiatives on behalf of the firm’s investment vehicles and oversaw fund formation activity, developing comingled funds, SMA concepts, a NASDAQ listed BDC, and joint ventures. Richard  also executed financings for the foregoing, including but not limited to subscription facilities, corporate and SPV revolvers, total return swaps, hybrid and NAV credit facilities, GP/asset manager lines of credit and securitizations of credit assets.

Richard’s breadth of asset management experience presents valuable, innovative expertise to fund sponsors dealing with fundraising, investor relations, compliance, financing, and portfolio management challenges and opportunities.

Richard began his career as an attorney with two large law firms, representing Fortune 500 companies, privately held entities and alternative asset managers with M&A and capital markets activities, and financial institutions in the execution of leveraged finance and securitization transactions.

Anastasia Kaup

Partner & Managing Director

Anastasia N. Kaup has represented asset managers, fund sponsors, investment funds, bank and non-bank lenders, and other parties in financing and investment transactions across the private equity, private credit, real estate, hedge fund, venture capital, and distressed investment spaces. Ms. Kaup structures, negotiates, and documents complex financing transactions domestically and internationally at all levels of the organizational structure.

Prior to joining FFP, Ms. Kaup most recently led the fund finance practice group at an AmLaw 100 law firm where she represented alternative asset managers, sponsor-backed companies, and lenders to such entities, in a wide array of financing and investment transactions. Anastasia’s extensive fund financing expertise spans subscription and NAV-based credit facilities, partner loan programs, management fee lines of credit, and portfolio company financings. She has also advised both emerging and established financial sponsors in connection with all aspects of product development and capital formation in various formats, benefitting institutional,  high- (and ultra-high-net-worth) and sovereign wealth investors. Anastasia’s advice to clients on the entire range of strategic and capital-related needs, throughout economic cycles has always been practical and commercial, as well as legal.

Anastasia is consistently recognized for both her professional expertise and community contributions. She is a trailblazer in LGBTQ+ community advocacy, volunteer work, and education initiatives, including as a leader for Out in Finance and Lambda Legal. She was recognized as one of the “Best LGBTQ+ Lawyers Under 40” and has been lauded as a “rising star” by clients and industry publications. Additionally, she served on the Board of Directors of New York’s largest civil rights and advocacy non-profit organization. Currently, Anastasia serves as Co-Chair of the Fund Finance Association’s Diversity in Fund Finance initiative. Anastasia also actively participates in various professional organizations serving the Hispanic/Latinx community, women, and individuals in need.