-
Sep 20, 2023 | 
mondaq.com | Kiel A. Bowen |Todd N. Bundrant |Mark Dempsey |J. Paul Forrester
Collateralized fund obligations ("CFOs") have garnered
attention recently, becoming increasingly popular within the fund
finance market as a way to generate liquidity. CFOs have several
benefits, as we explained in a previous Legal Update, but that does not mean they are
not without risks or complications. In this Legal Update, we share
some of the considerations for fund general partners and limited
partners when engaging in a CFO transaction.
-
Sep 13, 2023 | 
mondaq.com | Kiel A. Bowen |Todd N. Bundrant |Mark Dempsey |J. Paul Forrester
Because collateralized fund obligations ("CFOs") can
be customized to the unique needs of both funds and investors,
those needs will impact the process and timing of the transaction. This Legal Update, the latest in a series on CFOs, provides
information relevant to funds and investors on the negotiation,
diligence, and closing process of a CFO transaction.
-
Sep 8, 2023 | 
mondaq.com | Kiel A. Bowen |Todd N. Bundrant |Mark Dempsey |J. Paul Forrester
United States: Collateralized Fund Obligations: The Advantages Of CFOs 08 September 2023 by Kiel A. Bowen , Todd Bundrant , Mark Dempsey , J. Paul Forrester , Michael P. Gaffney , Lawrence Hamilton , Jennifer T. Hartnett , Andrew L. Hogan , Ann Richardson Knox , Arthur S. Rublin , Ryan Suda and Sagi Tamir Mayer Brown To print this article, all you need is to be registered or login on Mondaq.com. CFOs have become an increasingly popular alternative investmentvehicle.
-
Sep 1, 2023 | 
mondaq.com | Kiel A. Bowen |Todd N. Bundrant |Mark Dempsey |J. Paul Forrester
One of the hottest fund finance trends is an alternative
investment vehicle that has become increasingly popular. A close
sibling of collateralized debt obligations ("CDOs"),
collateralized fund obligations ("CFOs") are a vehicle
for securitizing portfolios of alternative or real assets,
including interests in private equity funds, hedge funds, private
credit funds, infrastructure and real estate debt and equity, and
other similar investments ("Underlying Fund Interests").
-
Jul 3, 2023 | 
mondaq.com | J. Paul Forrester |David S. Bakst |Peter Pears |Patrick Scholl
On June 22, 2023, the International Capital Markets Association
(ICMA) issued its first update of its Climate Transition Finance
Handbook (CTFH) since its original publication in December
20201 and an updated version of its
Sustainability-Linked Bond Principles (SLBPs).
In its related press release, ICMA states that the updated
CTFH:
[I]ntegrates the progress made by the market and the
official sector on climate transition guidance and disclosures.
-
Jun 28, 2023 | 
lexblog.com | J. Paul Forrester |David S. Bakst |Peter Pears |Patrick Scholl
On June 22, 2023, the International Capital Markets Association (ICMA) issued its first update of its Climate Transition Finance Handbook (CTFH) since its original publication in December 20201 and an updated version of its Sustainability-Linked Bond Principles (SLBPs). In its related press release, ICMA states that the updated CTFH:[I]ntegrates the progress made by the market and the official sector on climate transition guidance and disclosures.
-
May 9, 2023 | 
lexblog.com | Matthew Bisanz |J. Paul Forrester |Oliver Williams
The National Credit Union Administration (“NCUA”) has requested comment (the “RFI”) on how climate and natural disaster risks may affect federally insured credit unions, their members, and the National Credit Union Share Insurance Fund. The RFI indicates that the NCUA may use the results of the RFI to develop regulatory and reporting requirements and supervisory expectations for credit union management of climate-related financial risks.
-
Apr 27, 2023 | 
lexblog.com | J. Paul Forrester |David Carpenter |Oliver Williams
On April 19, 2023, the influential CDP (formerly known as the Carbon Disclosure Project) announced that nearly 7,000 organizations worldwide can disclose their plastic-related impacts for the first time, as CDP’s global environmental disclosure platform opens for 2023 reporting. CDP is adding plastic-related reporting to its online platform in response to a request from more than 740 investors with US$136 trillion in assets.
-
Apr 26, 2023 | 
lexblog.com | Matthew Bisanz |J. Paul Forrester |Joy N Tsai |Oliver Williams
On April 7, 2023, the Federal Reserve Bank of New York released two staff reports on climate-related risks for financial institutions. While the staff reports do not suggest or impose legal requirements, they provide financial institutions with insights on banking regulators’ positions on climate-related risk management requirements and current industry practices.
-
Feb 13, 2023 | 
lexblog.com | J. Paul Forrester |Tim Baines |Oliver Williams
Tim Baines is counsel in the London environmental and planning team of Mayer Brown. Tim has a particular interest and background in advising companies and financial institutions in the real estate, energy and sustainability sectors. He has¬†considerable knowledge of UK planning and…Tim Baines is counsel in the London environmental and planning team of Mayer Brown.
