Fund Finance

Debevoise has extensive experience in all aspects of fund-level financing transactions for different types of investment funds and their managers.

The team has been regularly representing sponsors for more than a decade in a broad range of transactions, including subscription credit facilities, leveraged portfolio acquisition and other asset-based financings, hybrid facilities, management company liquidity facilities and co-investment facilities. The Group’s fund clients in the fund financing area include infrastructure funds, real estate funds, leveraged buyout funds, secondary funds, hedge funds and mezzanine and other debt funds. Debevoise’s fund finance practice is global in nature, with strong teams in the U.S., Europe and Asia advising an international client base.

The Group’s sponsor clients are among the most sophisticated and discerning consumers of legal services in the financing markets. Their fund formation and fund financing transactions often involve complex multi-fund, AIV, parallel fund and master-feeder fund structures, and many of our transactions are multijurisdictional in nature.

The team’s financing lawyers work closely with the firm’s fund formation, tax and ERISA lawyers on fund financing transactions, and take a pragmatic and business-oriented approach to develop and implement the best solutions for the firm’s sponsor clients and their investors.