TLDR:
– Dechert’s Global Finance team has published a chapter on subscription facilities in Global Legal Insight’s Fund Finance “Pink Book.”
– The chapter focuses on the legal and practical aspects of structuring, documenting, and maintaining a subscription facility.
Dechert’s Global Finance team has contributed a chapter titled “Subscription Facilities: Key Considerations for Borrowers During a Time of Challenge – A Global Experience” to Global Legal Insight’s Fund Finance “Pink Book.” The chapter provides valuable insights into the legal and practical considerations that fund sponsors and their counsel should keep in mind when dealing with subscription facilities. With a particular emphasis on fund documentation and collateral issues, the authors provide a comprehensive guide for structuring, documenting, and maintaining subscription facilities.
The chapter is authored by Jean-Louis Frognet, Eng-Lye Ong, and Caroline Lee, who acknowledge the assistance of Jay Alicandri, Laura Rossi, Karen Stretch, and Nathalie Sadler in the preparation of the chapter. The full chapter can be accessed on Dechert’s website.
Dechert is a leading global law firm with offices in New York, Singapore, Luxembourg, London, and other locations. The firm’s Global Finance team specializes in fund finance, permanent capital, leveraged finance, private equity, and financial services and investment management. Their expertise in these areas makes them well-positioned to provide valuable insights and guidance to clients operating in the fund finance industry.
The Fund Finance “Pink Book” published by Global Legal Insight is widely recognized and respected within the fund finance community. It serves as a comprehensive guide to the legal and regulatory landscape of the fund finance industry. Dechert’s contribution to this book further solidifies the firm’s position as a trusted advisor in the field.
In conclusion, Dechert’s Global Finance team has contributed a chapter on subscription facilities to Global Legal Insight’s Fund Finance “Pink Book.” The chapter provides valuable insights into the legal and practical considerations of structuring, documenting, and maintaining subscription facilities. This contribution further demonstrates Dechert’s expertise and reputation in the fund finance industry.