Here, we explore leverage with a focus on one piece of the capital stack: senior debt in the transitional space. Where third-party leverage involves borrowing money to enhance returns, structured ...
As regular Fund Finance Friday readers know, articles in this newsletter often explore emerging trends in fund finance and fund finance-adjacent areas, and in this article, we will look at ...
The uniqueness of closed-end funds (CEFs) comes down to their structure. The fact that they IPO with a set number of shares and then trade on an exchange independently of that creates numerous ...