Tom Auchterlonie
While the EO is encouraging, significant regulatory and legal hurdles remain before it can be fully implemented, point out some PE pros.
Trade group calls for LPAC consent in some cases, and for new fund documents to cover usage and limits.
ILPA representative cites transparency and issues of using NAV loans at the Fund Finance Association’s Global Symposium, but the growing market for the facility has its staunch defenders.
Panelists say fundraising growth can boost bidders and cut pricing spreads.
Henry Capital is in the market with a debut fund to raise the money it needs to launch the matching product. The target is $50 million.