United States: Fund Finance

Convergence of Fund Finance and Asset-Based Finance (ABF): As fund finance and asset-based finance converge, the most notable structural development is the rise of bankruptcy-remote-‘lite’ vehicles that deliver targeted credit enhancement (and the resulting competitive pricing) without the full complexity of traditional bankruptcy-remote (BR) frameworks

There is no single blueprint for career progression in Big Law, and female attorneys often face additional challenges. Having practiced at Am Law 100 firms throughout our legal careers...

The escalation of hostilities following US-Israeli strikes on Iran on 28 February 2026 and subsequent Iranian retaliation across the GCC is forcing lenders and borrowers to reassess the operation of their finance documentation.

On January 9, CFPB Acting Director Russel Vought submitted a $145 million funding request to Federal Reserve Board Chair Jerome Powell for the CFPB's second quarter of fiscal year 2026.

In December 2025, the Staff of the U.S. Commodities Futures Trading Commission ("CFTC") issued a no-action letter (the "Letter")...

This Legal Update explores why, in order for an underlying loan to be included in a warehouse facility's borrowing base, the underlying loan must be eligible to be sold and transferred to the facility's SPV borrower...

With near-constant reports on the growth and scale of the secondaries market, and headlines announcing marquee secondary fund closings, such as Carlyle AlpInvest's recent $20 billion fundraise...

Private fund advisers continually balance their ongoing responsibility to ensure that the funds they advise comply with such funds' governing documents...

Over the past 50 years, the retirement landscape has steadily shifted from defined benefit (DB) pension plans to defined contribution (DC) plans. In fact, as of the fourth quarter of 2024...