PERE Credit’s Post

Against the backdrop of a changing market for fund borrowers looking at their fund finance lines in 2024, this article explores secondaries fund financing primarily from a UK perspective. Debt capital markets partner Bryony WiddupBryony Widdup and senior associate @marielMariel Luna look at security packages and consent issues, and how challenges around these features can be addressed. #Secondaries #Funds #NAV #FundFinance

Against the backdrop of a changing market for fund borrowers looking at their fund finance lines in 2024, this article explores secondaries fund financing primarily from a UK perspective. Debt capital markets partner Bryony WiddupBryony Widdup and senior associate @marielMariel Luna look at security packages and consent issues, and how challenges around these features can be addressed. #Secondaries #Funds #NAV #FundFinance

Against the backdrop of a changing market for fund borrowers looking at their fund finance lines in 2024, this article explores secondaries fund financing primarily from a UK perspective. Debt capital markets partner Bryony WiddupBryony Widdup and senior associate @marielMariel Luna look at security packages and consent issues, and how challenges around these features can be addressed. #Secondaries #Funds #NAV #FundFinance

Office REIT SL Green joins the Opportunity Debt Fund crowd to capitalize on current market conditions and inject capital into buildings sitting below the "top performers". Expect to see more announcements in the coming months as investors seek to deploy idle capital. #cre #realestate #commericalrealestate #capitalmarkets #tenantrep #reits #realestateinvesting #distressedassets

Blackstone is planning to borrow hundreds of millions of dollars to give its flagship private credit fund added investment firepower, as the asset manager taps a new source of leverage that it and rivals aim to increasingly exploit in the years to come. The private equity behemoth is in the final stages of raising just under $400mn through a so-called collateralised loan obligation secured by the very loans held by its $52bn Blackstone Private Credit Fund, known as BCRED, according to documents obtained by the Financial Times. Blackstone’s ability to clinch the financing package underscores how big credit investors are comfortable with the risks in this opaque but rapidly growing corner of financial markets, even as higher interest rates heap pressure on companies across the US and portfolio managers pencil in an increasing number of defaults.

Blackstone (NYSE: BX) intends to borrow more than $1 billion against investments in an older private equity fund as a once-unorthodox form of lending gains traction among the biggest money managers. The firm has explored borrowing on a so-called net-asset-value loan backed by deals in its $18 billion flagship private equity fund that debuted in 2016, according to people with knowledge of the #NAVloans

Hey there, investors! Have you ever been in a position where you need quick cash, and selling your mutual fund investment seems to be the only option available? What if we say there's another way around it? Don't believe us?? Check it out yourself: https://bit.ly/453geyH #investors #blog #financeblog #instantloan #mutualfunds

Navigating the world of investment property loans can be complex, but it opens a multitude of doors for savvy investors. From traditional bank loans to innovative solutions like real estate crowdfunding, the options are vast. Here’s a breakdown of the top funding methods: - **Private Money Lenders** - **Hard Money Loans** - **Bridge Loans** - **Fix-and-Flip Financing** Each of these options serves unique purposes and caters to different investment strategies. Discover which could best suit your next real estate venture by visiting our comprehensive guide at [Weiss Real Estate Investments](https://lnkd.in/g-W366Mz).

Using debt is a well-established method to enhance returns on secondary transactions, but it’s crucial for investors, fund managers, and lenders to understand the security package and other key deal considerations. At Proskauer, our market-leading global secondaries team offers comprehensive advice on all aspects of the secondaries market, helping clients seize transformative opportunities. In this article, partners Cameron Roper and Paul Tannenbaum explore the use of debt and outline key considerations for fund managers and investors. https://bit.ly/3yrrjNM #Proskauer #secondaries #privatecapital