Not only are there a number of new entrants to the market but there is an ever-expanding list of financing options to meet the increasing demand from funds, GPs and managers fuelled by the record levels of fundraising and returns compression. Developing a competitive advantage is critical.
What differentiates Travers Smith from our competitors is our market knowledge and depth of experience. In this fast-moving sector, clients rely on our ability to identify, analyse and advise on current trends and be at the forefront of developing innovative financing solutions. With unparalleled experience dating back over 25 years in the European fund finance market, we advise market participants both providing and seeking finance on a wide range of financing structures including:
- subscription facilities
- NAV and hybrid facilities
- secondaries facilities
- GP support / co-invest facilities
- management fee facilities
By incorporating the experience of both our wider Finance and Funds Groups we provide a truly integrated approach to fund finance. As well as advising on fund formation and acting for investors, our Funds Department provides support on fund structuring, security arrangements and diligence issues relating to fund documentation. The continuing popularity of fund-level hedging sees us regularly work alongside our Derivatives & Structured Products team.
Fund finance is rarely purely domestic in nature. As part of our firm-wide international strategy, we have developed a network of the strongest independent firms in key jurisdictions for funds across the globe. Our commitment to these relationships with overseas counsel means that, no matter where a fund is domiciled or in how many different jurisdictions fund entities are formed, the deal will remain seamless.