Finance partner Patricia Teixeira presented on the evolving market for net asset value (NAV) credit facilities on a Oct. 17 Strafford webinar.
Patricia was one of three legal experts speaking about NAV financings to private equity funds, which are increasingly being used by fund managers to manage liquidity and fund follow-on investments.
Patricia discussed the factors that have contributed to the recent rise in the NAV market, including the need for post-investment period liquidity, the slow exist market and higher interest rates.
The webinar is available to download here.
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