Maples Group examines how GP entity choices shape borrowing capacity, security structures, lender diligence, and overall fund finance execution across Cayman Islands fund formation.
The facility for a GP stakes fund provides incremental capital to support the borrower's acquisition strategy.
The former Reed Smith fund finance counsel advises on a full range of products, including subscription, NAV, GP, co-invest, management line, and continuation vehicle financings.
The manager plans to be in the market with a fund from each of its flagship series, including secondaries and fund finance, within the next 24 months.
The private debt veteran will focus on providing financing & liquidity solutions for sponsors, including NAV lending and continuation vehicle capital.
The senior secured financing supports a US-based fund-of-funds at a 20% fully drawn LTV.