ARTICLE
3 November 2021

Q&A: Getting A Credit Line For Your '40 Act Fund

CW
Cadwalader, Wickersham & Taft LLP

Contributor

Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
With credit lines providing greater flexibility in maneuvering liquidity requirements, regulated '40 Act funds and business development companies are turning to them.
United States Finance and Banking

With credit lines providing greater flexibility in maneuvering liquidity requirements, regulated '40 Act funds and business development companies are turning to them. In a Private Funds CFO interview, Khizer Ahmed of Hedgewood Capital Partners discusses what borrowers need to consider when arranging these loans, what kind of information borrowers need to provide to secure the loan, and other fine points that should be considered when dealing with lenders for revolving credit lines secured by fund assets. To access the subscription-required article, click here.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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