United States:
KBRA Assesses Subscription Facilities In Light Of Market Challenges
24 April 2023
Cadwalader, Wickersham & Taft LLP
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Kroll Bond Rating Agency (KBRA) examines its portfolio of rated
subscriptions facilities in a report published this week. The
report reviews KBRA's $11.3 billion of rated debt portfolio
spanning over 40 funds and over 30 asset managers in light of the
litany of challenges in 2023, including a potential recession,
weakening private investment valuations, and challenged fund
performance.
Find the full report here: Funds: Subscription Facilities in
Focus.
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guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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