FFA Event

5th Annual Asia-Pacific Fund Finance Symposium

Name: 5th Annual Asia-Pacific Fund Finance Symposium
Start: 2023-10-12T00:00:00Z
End: 2023-10-12T00:00:00Z
Location: Four Seasons Hotel Hong Kong

October 12, 2023

Hong Kong

Event Pictures

The Fund Finance Association’s annual symposiums bring together investors, fund managers, bankers and lawyers for education and networking within the fund finance market. FFA hosts annual events in Miami, London, and Asia. The 2022 Symposiums were attended by over 1,700 industry professionals representing over 500 firms.

Paul Aherne

Walkers

Navigating Complexity in Fund Finance Documentation

2:45 PM | 2023-10-12

Paul Aherne

Partner | Walkers

Paul is a partner in Walkers' Global Finance and Corporate Group. Paul has extensive experience of debt financing transactions in Asia acting for financial institutions, private equity sponsors, investors and corporates. He specialises in advising in relation to the Cayman Islands, British Virgin Islands and Bermuda law aspects of fund finance, leveraged and acquisition finance, real estate finance, structured equity finance (including margin loans and equity derivatives), private credit, special situations and general secured and unsecured lending. Paul has over a decade of experience working on fund financing matters in Asia for regional and global lender and sponsor clients. As the market has grown he has been involved in many of the largest and most innovative fund financing transactions.

Paul joined Walkers in 2011 after working in both Hong Kong and Tokyo as a senior associate in the Banking Group of Allen & Overy.

Michelle Bolingbroke

Fund Finance Association

Closing Remarks

5:15 PM | 2023-10-12

Michelle Bolingbroke

Chief Marketing Officer | Fund Finance Association

Michelle Bolingbroke, Chief Marketing Officer (CMO) and Head of Marketing and Business Strategy, brings over 18 years of experience in marketing and business development within the financial services industry. Michelle has played a crucial role in shaping the association initially as a volunteer on the marketing committee since our inception. In her elevated role, as a key member of the executive team, Michelle collaborates with the Chief Operating Officer (COO) to drive the organization's strategic goals. As CMO, she oversees external communications, establishes strategic partnerships, and promotes the association's brand globally. Michelle continues to be a driving force behind the Fund Finance Association's growth and success.

Christophe Cerisier

BNP Paribas

Beyond Traditional: Alternative Financing Strategies in APAC's Fund Finance

2:05 PM | 2023-10-12

Christophe Cerisier

Managing Director – Co-Head of Loans & Specialized Finance Asia-Pacific | BNP Paribas

Based in Hong Kong, Christophe is Managing Director, Co-Head of Loans & Specialized Finance Asia-Pacific.

Christophe has over 25 years of experience in financing in Asia Pacific across multiple business lines including leveraged finance, fund financing, corporate acquisitions, corporate loans, syndications, debt advisory, fixed assets financing, asset based lending, project finance, leasing, supply chain finance.

Christophe joined BNP in 2014 and is currently Co-Head of Loans & Specialized Finance APAC, overseeing most financings for BNP in APAC, serving private equity, corporates and promoters across situations, industries and the capital structure. This includes leveraged finance in control or minority and hybrid situations and various fund-level financing solutions including subscription lines and NAV financings.

Before joining BNP, Christophe spent 8 years with GE Capital and 11 years with CACIB in Singapore and Hong Kong, in project and infrastructure finance and as head of their leveraged finance practices in Asia.

Darren Choy

Sumitomo Mitsui Banking Corporation

Beyond Traditional: Alternative Financing Strategies in APAC's Fund Finance

2:05 PM | 2023-10-12

Darren Choy

Head of Fund Finance, Asia | Sumitomo Mitsui Banking Corporation

Darren is an Executive Director specializing in Fund Finance products covering Financial Sponsors in SMBC Singapore with over 17 years banking experience across Singapore, Hong Kong and Australia. Darren has built a successful franchise across APAC to support clients with subscription facilities, hedging support, cash management, and bespoke structured financing solutions at both fund and asset levels.

Paul Christopher

Mourant

Shaping the Future: Opportunities in APAC's Investment Fund Landscape

3:55 PM | 2023-10-12

Paul Christopher

Asia Managing Partner | Mourant

Paul is Mourant's Hong Kong and Asia managing partner and the practice leader of the corporate and investment funds team in Asia. He has over 25 years of offshore experience and has been a partner at Mourant for over 16 years, including 11 years as managing partner of the Hong Kong office. He was one of the founding partners of the Hong Kong office and has been the driving force in the firm's success as the fastest growing offshore law firm in Asia. Paul advises on corporate matters including mergers and acquisitions, investment funds, joint ventures and the restructuring of companies and structures. He is listed as a leading lawyer for offshore law in Hong Kong and Asia by Chambers and Partners, the IFLR1000, and the Legal 500. He is also listed as an elite lawyer in the Private Client Global Elite Directory, China Business Law Journal's A-List Elite 100 Lawyers, and in Asia Business Law Journal's A-list top 50 offshore lawyers.

Paul's funds related experience includes advising:

Gaw Capital Advisors Limited on its sixth opportunity fund, Gateway Real Estate Fund VI, LP to raise $2 billion in total equity commitments. The Fund invests in real estate and real estate related opportunities in the Asia-Pacific Region.
Blackstone on its acquisition of a 70 percent stake in the Greater Bay Area’s largest urban logistics park Guangzhou International Airport R&F Integrated Logistics Park from Guangzhou R&F Properties for US$1.1 billion.
MaiCapital on the launch of a tokenized investment fund, and formation of a related SPV. This is one of the first actively managed hedge funds in Asia to be tokenized.

Tommy Constantinou

Sumitomo Mitsui Trust Bank, Ltd.

Financial Stability: The Recent Turmoil and Lessons for APAC

11:15 AM | 2023-10-12

Tommy Constantinou

Co-Head of Fund Finance | Sumitomo Mitsui Trust Bank, Ltd.

Tommy Constantinou is Co-Head of Fund Finance at Sumitomo Mitsui Trust Bank, Ltd. (SuMi TRUST) within the New York Branch Fund Finance Department. Tommy has led the expansion of the Fund Finance business within SuMi TRUST and is responsible for originating and executing fund finance related credit facilities. Tommy has extensive knowledge in various asset classes including Collateralized Loan Obligations, Subscription Finance, Middle Market Senior Leverage Facilities and Private ABS. Given SuMi TRUST’s unique position as investor, lender and asset manager within alternative investment universe, Mr. Constantinou acts as liaison between Asia and North America by leveraging relationships and knowledge within the SuMi TRUST global network. Prior to joining SuMi TRUST in 2011, Tommy was with Morgan Stanley Smith Barney (formerly Citi Smith Barney) for four years within the Private Wealth Management Division. Mr. Constantinou is a graduate of Iona College and received his MBA from the Binghamton University School of Management.

Fi Dinh

MUFG Investor Services

Shaping the Future: Opportunities in APAC's Investment Fund Landscape

3:55 PM | 2023-10-12

Fi Dinh

Managing Director, Head of Fund Finance APAC | MUFG Investor Services

Fi is Managing Director, Head of Fund Finance APAC at MUFG Investor Services where she lead the expansion of the firm’s fund financing business across Asia Pacific, as well as supporting the growth of the asset servicing and fund administration business globally to assist private capital funds with their liquidity and operational needs.

Fi is a familiar face of the fund finance community globally having supported the growth of this sector for over a decade across the US, Europe, Middle East and Asia markets. She was recognized in The Drawdown’s ‘Most Influential Fund Finance Experts of 2022’ globally. Fi is also active in supporting diversity and next generation development in the industry. She was one of the first members of the Women in Fund Finance Europe committee when she was in London and is co-chair of the Women in Fund Finance APAC since 2020.

Fi pioneered the global trend of ESG-linked fund finance facilities when she led the world’s first ESG-linked subscription credit facility in 2019, marrying the sustainability-linked loan technology that was gaining momentum in other sectors at individual company or asset level, to a portfolio framework that can be applied to PE funds even at the beginning stage of their lifecycle. She sits on the Monetary Authority of Singapore (MAS) Financial Centre Advisory Panel (FCAP) – Green Finance working group for the fund management industry since 2020.

Fi moved to Singapore from London at the start of 2019 to help build out the fund and insurance finance business for ING Bank across in APAC and led a rapid expansion of the business within a short few years, by offering creative solutions to GPs, drawing on her extensive experience with market terms in the US and Europe to promote alignments and scalability for the product in the APAC region. Before ING, Fi spent nearly a decade at Barclays in London and Dubai, where she was Director in the Financial Institutions Group and helped build a successful Private Equity coverage franchise supporting financial sponsors and alternative asset managers in EMEA and the US. Her earlier banking career spans across credit analysis, operational risk and project management in the investment banking and corporate banking divisions.

Vicky Du

Standard Chartered

Financial Stability: The Recent Turmoil and Lessons for APAC

11:15 AM | 2023-10-12

Vicky Du

Global Head, Fund Finance | Standard Chartered

Vicky Du is the Global Head, Fund Finance at Standard Chartered, managing a globally integrated team responsible for providing financial sponsors with fund level financing solutions.

Vicky has extensive knowledge and experience in Leveraged Finance, Structured Finance and Capital Markets. Prior to joining Standard Chartered, Vicky worked at Goldman Sachs and GE Capital. Vicky received an MBA from New York University Stern School of Business, and BS in Mathematics and Computer Science from University of Nebraska.

Joe Giarratano

Fitch Ratings

Evolving Landscape: Transformative Trends in Lending and Innovation for Fund Finance

11:55 AM | 2023-10-12

Joe Giarratano

Senior Director, Funds and Asset Management, Business & Relationship Management | Fitch Ratings

Joe Giarratano is a Senior Director and head of Business and Relationship Management for Fitch’s Global Funds & Asset Management group. Mr. Giarratano is responsible for coordinating business efforts globally for the firm’s Fund Ratings practice and covers a variety of structures including fund finance and private equity collateralized fund obligations. Prior to this Mr. Giarratano worked in the Financial Institutions group at S&P Global where he held senior analytical roles within the Fund Ratings team. Mr. Giarratano has also worked at ALPs Funds where he was responsible for overseeing the accounting of several domestic and offshore funds. Joe is based in Fitch’s New York headquarters and has extensive experience working directly with institutional asset managers, investors, and government entities.

Bo Hanson

HSBC Innovation Banking

Henry Lam

Preqin

Preqin Update

10:20 AM | 2023-10-12

Henry Lam

AVP, Research Insights | Preqin

Henry is an AVP in Preqin’s Research Insights team, which covers the private investments industry globally and in the Asia-Pacific region. He has over 10 years of experience in investment analysis, with a focus on real estate on both asset and fund levels. Prior to joining Preqin, Henry was a senior member of the property market research team at Colliers. He is also experienced in real estate performance measurement via his time at MSCI and ANREV. Henry holds a Bachelor of Science (BSc), Risk Management & Business Intelligence from HKUST Business School. He is also a CFA and CAIA charterholder.

Danny Lee

VCA Capital Limited

King Leung

InvestHK

Beyond Traditional: Alternative Financing Strategies in APAC's Fund Finance

2:05 PM | 2023-10-12

King Leung

Head of Financial Services and Fintech | InvestHK

As the Head of Financial Services and Fintech at InvestHK, the department of the Hong Kong SAR Government responsible for attracting Foreign Direct Investment, King’s mission is to enrich the ecosystem and contribute to raising the long-term competitiveness and innovation of the financial services sector in Hong Kong. King achieves this goal through collaboration with a broad range of stakeholders – regulators, financial institutions, investors, fintech companies, associations, etc. in Hong Kong, the Greater Bay Area, and other major international fintech hubs.

Prior to joining the government, King had a diverse private sector background as a serial tech entrepreneur, angel investor, and fintech lecturer in Asia where his first data-related startup was established through seed investment from Credit Suisse. His startup served numerous world-renowned financial institutions in wealth management, insurance, personal finance, etc. King was a management consultant at Booz Allen & Hamilton and KPMG in the US, as well as a venture capitalist at Innovate@, a technology fund jointly run by Booz Allen & Hamilton and Lehman Brothers.

King received his MBA (honors) from the University of Chicago and BSc (honors) from the University of Wisconsin – Madison.

Shaun Lim

HOPU-ARM Innovation Fund

Sally Little

ING Bank N.V.

Shaping the Future: Opportunities in APAC's Investment Fund Landscape

3:55 PM | 2023-10-12

Sally Little

Head of Financial Institutions Lending APAC | ING Bank N.V.

Sally is a fund finance specialist, who has been a contributor to the industry for more than 17 years. Whilst the majority of her career to date has been spent in London, she has also worked in New York and is now based in Singapore, leading ING’s Financial Institutions Lending business for APAC being responsible for Fund Finance, as well as loans and limits to Banks, Insurers and NBFIs. ING are pioneers in the sustainable finance space, and Sally has initiated a number of sustainable capital call financings both in Europe and APAC. Sally is a member of the FFA’s Executive Committee for APAC.

Yue Lu

BlackRock

Rupert Manduke-Curtis

AMC Capital Advisory Services

Benjamin Masson

Natixis CIB

Evolving Landscape: Transformative Trends in Lending and Innovation for Fund Finance

11:55 AM | 2023-10-12

Benjamin Masson

Co-Head of Securitized Product Group and Alternative Credit Group, Asia Pacific | Natixis CIB

Benjamin Masson was appointed as Co-Head of Securitized Product Group (SPG) and Alternative Credit Group (ACG) for the Asia Pacific region in November 2024. He jointly leads the development of Natixis CIB’s SPG and ACG franchises across the region.

Previously, Benjamin joined the Global Structured Credit & Solutions (GSCS) Asia Pacific team in September 2017, contributing to the expansion of Natixis CIB’s structured credit franchise in the region, including fund financing.

With close to 20 years of experience in asset and structured finance, Benjamin began his career in New York in 2005 as a structurer of project finance transactions (bond and loan), initially with CACIB and later with Natixis from 2008.

In the summer of 2011, he transitioned to Paris and joined the newly formed GSCS team, focusing primarily on structuring capital call facilities for infrastructure PE funds while also gaining exposure to asset-backed securitization. In 2013, Benjamin moved to the syndicate team in Paris, where he worked on project, infrastructure, and export financings for the EMEA region.

Benjamin is a graduate of EPF, a French engineering school, and Ecole Polytechnique de Montreal in Canada. He also holds a Master’s degree from Paris Dauphine University.

Soumitro Mukerji

DLA Piper

Financial Stability: The Recent Turmoil and Lessons for APAC

11:15 AM | 2023-10-12

Soumitro Mukerji

Partner | DLA Piper

Soumitro is a multi-specialist banking and finance Partner with extensive experience in the Asian and European financial markets. In his professional career spanning nearly two decades, he has advised financial institutions, funds, corporates and financial advisors across the credit and geographic spectrum. His practice covers sponsor-backed financings, fund financings, structured lending, limited recourse financings and corporate lending.

Soumitro has significant expertise in fund finance transactions and has counselled financiers and fund managers on a wide range of fund financing transactions across all asset classes, including subscription line financings, umbrella facilities, NAVs, hybrids, GP facilities and other forms of liquidity solutions. Since 2019, he has advised on fund finance matters exceeding USD8bn in value.

Michael Padarin

Carey Olsen

Shaping the Future: Opportunities in APAC's Investment Fund Landscape

3:55 PM | 2023-10-12

Michael Padarin

Partner, Head of Investment Funds Group, Hong Kong | Carey Olsen

Michael is the managing partner, and head of the Investment Funds Group of Carey Olsen's Hong Kong office, and his practice concentrates on the formation, operation and restructuring of offshore private investment funds, primarily private equity and venture capital funds, and their related fund sponsor vehicles. He specialises in Cayman Islands, British Virgin Islands and Bermuda law. Michael is highly regarded for his breadth of experience advising across the spectrum from emerging managers to the most sophisticated global institutional players.

Michael also represents early and later stage companies in a range of industries, including fintech, life sciences and technology, in relation to private financings, listings, cross-border investments and other M&A transactions. He is regularly instructed by leading international firms as specialist Cayman Islands and British Virgin Islands counsel on complex corporate transactions.

Michael lived and worked in the Cayman Islands before returning to Hong Kong and has a wealth of experience dealing with inbound and outbound China deals. During his time in the Cayman Islands Michael acted for some of North America's largest private equity houses on both fund formation and downstream transactional work. He is one of the most experienced offshore private equity specialists in the Hong Kong market.

Rita Pang

Allens

Evolving Landscape: Transformative Trends in Lending and Innovation for Fund Finance

11:55 AM | 2023-10-12

Rita Pang

Partner | Allens

Rita Pang is a Partner in the Banking and Finance department at Allens. She is well-recognised as a fund financing specialist in the Australian Market. Rita has extensive experience representing funds as well as domestic and offshore lenders active in the Australian subscription finance market in connection with domestic and offshore private equity, private debt, venture capital and infrastructure fund financings. Her experience includes the development of hybrid, NAV, separately managed account facilities and GP facilities for domestic and offshore funds investing in the Australian market.

Recognised as a Next Generation Partner in The Legal 500 in Banking and Finance, she also has broad experience acting for lenders, borrowers and sponsors in relation to various types of financing, including leveraged acquisition finance, corporate finance, asset and structured finance, property financing and restructuring.

Terrance Philips

Ian Roebuck

Baker & McKenzie Wong & Leow

Navigating Complexity in Fund Finance Documentation

2:45 PM | 2023-10-12

Ian Roebuck

Local Principal | Baker & McKenzie Wong & Leow

A Local Principal in Baker McKenzie’s Singapore office, Ian has close to 20 years' experience advising banks and financial institutions, debt funds, private equity funds and corporates on a wide range of cross-border financing transactions including acquisition and leveraged finance, fund finance, structured and general lending, and special situations and restructuring transactions. He has advised on transactions in all key jurisdictions in South and South East Asia and the wider Asia Pacific region. Ian also has substantial experience advising on transactions relating to a variety of European jurisdictions and the US.

Ian is ranked as a leading lawyer for Banking and Finance in Chambers Asia Pacific. He has also been recognised as a "Next Generation Partner" for Banking and Finance in The Legal 500 Asia Pacific where he was noted as being "increasingly active in advising banks and funds on fund finance facilities". Ian’s contribution to the industry includes committee membership on the Asia Pacific Loan Market Association (APLMA) Singapore documentation committee, and the APLMA India committee.

Danielle Roman

Mourant

Welcome & Opening Remarks

9:30 AM | 2023-10-12

Danielle Roman

Partner | Mourant

Danielle is a Partner in Mourant’s Banking and Finance team in Hong Kong, having practiced in Asia for over 15 years. She advises on a broad spectrum of cross-border transactions, including asset finance (with particular expertise in aviation and shipping finance), fund financing, acquisition and leveraged finance, debt restructurings, project finance, FinTech and general corporate lending.

In fund financing, she regularly represents investment and commercial banks on subscription credit facilities. She is also Co-Head of the Asia-Pacific Executive Committee for the Fund Finance Association, and is on the board of directors of Women in Fund Finance Asia. Danielle has been recognised for her work in fund finance through awards such as the Dee Dee Sklar Women in Fund Finance Award 2020.

Prior to joining Mourant in 2012, she worked at Clifford Chance in Hong Kong and Dentons in London.

Eric Schwitzer

Paul Hastings

Navigating Complexity in Fund Finance Documentation

2:45 PM | 2023-10-12

Eric Schwitzer

Partner, Real Estate Department | Paul Hastings

Eric Schwitzer is a partner in the Real Estate practice of Paul Hastings and is based in the firm’s New York office. He practices in all areas of commercial real estate transactions, with a primary focus on real estate and real estate related corporate finance. Mr. Schwitzer represents major financial institutions, developers, and private equity funds in connection with complex domestic and international commercial matters, including cross-border investment platforms, corporate credit facilities, capital commitment-backed subscription credit facilities, commercial loans, restructurings, bankruptcy, loan sales, loan workouts, acquisitions, and dispositions.

Mr. Schwitzer received his J.D. degree from Hofstra University, School of Law in 2008, where he served as the Senior Associate Editor of the Hofstra Law Review. Mr. Schwitzer earned his B.A. in political science from Boston University in 2005.

Anuj Shah

Simpson Thacher & Bartlett

Beyond Traditional: Alternative Financing Strategies in APAC's Fund Finance

2:05 PM | 2023-10-12

Anuj Shah

Counsel | Simpson Thacher & Bartlett

Anuj Shah is Counsel in Simpson Thacher’s Asia Banking and Credit Practice, based in Hong Kong. Anuj advises on cross-border financing transactions throughout the Asia-Pacific region. He represents a range of private equity firms, their portfolio companies, financial institutions, private credit funds and corporate borrowers across all levels of the capital structure. This includes fund level and NAV financing, back-leverage and mezzanine finance, acquisition and leveraged finance, real estate finance and infrastructure finance.

Anuj is passionate about diversity initiatives and has served as a member of the Firm’s Diversity Advisory Council since 2018. He is also an active member of the fund finance community and sits on the Fund Finance Association’s Asia-Pacific Diversity Committee.

Robert Swan

Keynote Address by Robert Swan

9:35 AM | 2023-10-12

Robert Swan

Robert Swan is the first person to have walked to both the North and South Poles. He is an explorer, a leader in energy innovation, and founder of the 2041 Foundation, a non--profit dedicated to preserve Antarctica as a natural reserve, land for science and peace.

On January 11, 1986, Robert and a team of three, ‘In the Footsteps of Scott’ arrived at the South Pole. Their 900-mile journey was the longest unassisted march in history.

Three years later, in 1989, Robert led, ‘Icewalk’, with a team of eight to the North Pole. By the age of 33, Robert had achieved his dream to walk to both the Poles.

During these two historic expeditions, Robert experienced firsthand the effects of climate change and environmental degradation. At the South Pole, his eyes changed color through damage due to the prolonged exposure of ultra--violet rays as he walked under the hole in the ozone layer. At the North Pole, his team nearly drowned because of the premature melting of the ocean ice. These two hard--hitting and unexpected incidents galvanized him to launch the mission, ‘2041’.

Robert received the Polar Medal and the title of the Officer of the British Empire (O.B.E) from Her Majesty, Queen Elizabeth II. His contribution to education, energy innovation and environmental action have been recognized by the United Nations through his appointment as UNEP Goodwill Ambassador for Youth, Special Envoy to the Director General of UNESCO and as a recipient of the UN Humanitarian Innovation Award. He is the co--author of four books and was a keynote speaker at all of the UN World Summits for Sustainable Development, the World Economic Forum and the Corporate Eco Forum.

In January of 2023, Robert completed his 37-year goal of crossing the Antarctic landmass on foot.

Albert Tan

Haynes Boone

Financial Stability: The Recent Turmoil and Lessons for APAC

11:15 AM | 2023-10-12

Albert Tan

Partner and Co-Head of Fund Finance | Haynes Boone

Albert Tan is a Partner and Co-Head of the Global Fund Finance Group with Haynes and Boone, LLP. Albert also currently on Haynes Boone’s Executive Committee, Board of Directors and Partners Compensation Committee.

Albert has represented investment and commercial banks, as agents and arrangers in more than 600 subscription secured credit facilities with total value of over $200 billion to Asia, US, Europe, Latin America and global real estate, infrastructure, debt, buyout and energy private equity funds, including structuring and documenting some of the first subscription financing to real estate private equity funds in Japan, Greater China, Singapore and Korea and to some of the largest global infrastructure funds and Asia-focused buyout funds; and during the global financial crises of 2007-2008, Albert was one of few fund finance attorneys who represented lenders in the successful enforcement of subscription financing defaults against PE funds and their investors.

The National Law Journal selected Albert to its inaugural list of Finance, Banking and Capital Markets Trailblazers in 2019, Euromoney Expert Guides, Euromoney Institutional Investor 2012, listed him as a “Leading Practitioner” in its Guide to Leading Practitioners: International Private Equity, U.S., and the Minority Corporate Counsel Association recognized Albert as a 2021 MCCA Rainmaker for his outstanding leadership, business acumen, passion and dedication to proactive client development.

Albert serves as a member of the US Advisory Committee and Asia Pacific Executive Committee of the Fund Finance Association.

Albert received his BA from San Diego State University and his JD and LLM from Southern Methodist University and Georgetown University; and speaks Chinese (Mandarin).

Eric Tan

Ashurst LLP

Financial Stability: The Recent Turmoil and Lessons for APAC

11:15 AM | 2023-10-12

Eric Tan

Partner | Ashurst LLP

Eric specialises in leveraged buyout and acquisition finance, cross-border lending, real estate finance and structured finance. He has also advised on numerous structured note issues and private equity investments in the forms of debt and convertible instruments.

Eric's client base includes leading international and regional financial institutions, alternative credit providers, multinational corporates and private equity houses.

Eric is qualified in Hong Kong and England and Wales.

Yemi Tépé

Morrison Foerster

Evolving Landscape: Transformative Trends in Lending and Innovation for Fund Finance

11:55 AM | 2023-10-12

Yemi Tépé

Partner and Global Co-Chair of Finance Group | Morrison Foerster

Yemi is a Partner based in Asia and Global Co-Chair of MoFo’s Finance Group. She specializes in cross-border acquisition and leveraged finance, public to private takeovers, real estate finance, debt restructuring, direct lending and subscription line financing.

Yemi advises leading international banks and financial institutions, major corporates, private equity sponsors, direct lenders and other alternative financiers such as hedge funds and asset managers as well as emerging growth and mid-cap companies. Her practice is pan-Asian and extends across various sectors including technology, private equity, life sciences, F&B, education and real estate. She has extensive experience on significant and high-profile transactions globally including in Singapore, Japan, Korea, Thailand, Indonesia, Vietnam, Malaysia, Hong Kong, PRC and across Europe.

Yemi sits on MoFo’s Global Diversity Strategy Committee, Board of Directors and Global Finance Committee, and is a member of the Singapore branch of the APLMA Documentation Committee.

Daniel Toblib

Macquarie Group

Beyond Traditional: Alternative Financing Strategies in APAC's Fund Finance

2:05 PM | 2023-10-12

Daniel Toblib

Head of Fund Finance Origination, APAC | Macquarie Group

Daniel Toblib is the Head of Fund Finance Origination for Asia-Pacific (APAC) at Macquarie Bank. In his role, Daniel partners with private equity, private credit and hedge fund sponsors and investors to provide fund financing solutions.

Daniel has been at Macquarie since February 2016 and covers APAC from the firm’s global headquarters in Sydney.

Notably, Daniel spent over 5 years in New York, where he led Macquarie’s Fund Finance structuring function across North America. Over this time, he built deep expertise in providing bespoke and innovative financing solutions across the fund lifecycle, where the Fund Finance business was recognised on multiple occasions as PDI’s Fund Financier of the Year in the Americas.

Daniel has a Bachelor of Commerce (Distinction) and Bachelor of Economics (Distinction) from the University of New South Wales, Australia.

William Wallace

SMBC

Beyond Traditional: Alternative Financing Strategies in APAC's Fund Finance

2:05 PM | 2023-10-12

William Wallace

Managing Director - Head of Origination and Execution of Fund Finance Solutions | SMBC

William Wallace is a Managing Director and the Head of Origination and Execution within SMBC’s Fund Finance Solutions Department (“FFSD”). Within FFSD, William has responsibility over the entire client focused platform where he sets the team’s go to market strategy across Subscription Finance, NAV, Hybrid and other forms of fund financing. William previously worked in SMBC’s Global Financial Institutions Group (“GFIG”) where he ran the Funds and Sponsors team within the broader Americas Financial Institutions Group. Within Funds and Sponsors, William had responsibility for SMBC’s Global Sponsor Coverage, Asset Manager Coverage and Hedge Fund Coverage functions.

William joined SMBC in June 2014 within the Global Financial Institutions Group and prior to joining SMBC, Mr. Wallace spent 8 years at BNP Paribas most recently in a cross-product coverage group (Equities, Fixed Income, Commodities) within BNP Paribas’ Global Markets division focusing on the largest Asset Manager and Hedge Fund trading counterparties. Before that, Mr. Wallace worked in the Financial Institutions Group covering a wide assortment of financial institutions including Asset Managers, Private Equity Funds, Banks, Specialty Finance Companies and Mortgage Companies. Before BNP Paribas, Mr. Wallace worked at PricewaterhouseCoopers. Mr. Wallace has a Masters in Accounting and a Bachelor of Science in Business Administration both from Washington University in Saint Louis.

Colin Wang

Ardian

Emma Wang

East West Bank

Evolving Landscape: Transformative Trends in Lending and Innovation for Fund Finance

11:55 AM | 2023-10-12

Emma Wang

General Manager of HK Branch | East West Bank

Emma is Deputy General Manager at East West Bank Hong Kong Branch, overseeing all corporate and commercial banking including fund finance. She is the founder of East West Bank’s Private Equity Group in Asia, specialising in providing customised and creative transactions to PE/VC firms. Previously, Emma is a managing partner at TR Capital Group, leading the firm’s strategies to provide non-dilutive NAV solutions to both GPs and LPs. Emma also worked at Comerica Bank Equity Fund Services Group for 5 years, responsible for developing client relationships in the US. She started her career as a credit analyst at MUFG’s New York office. Emma holds a Master’s in Finance from Brandeis International Business School, and a B.A. from Osaka Prefecture University. Emma is trilingual, speaking Chinese, Japanese and English.

Patrick Wong

A&O Shearman

Navigating Complexity in Fund Finance Documentation

2:45 PM | 2023-10-12

Patrick Wong

Partner | A&O Shearman

Patrick is a partner based in Allen & Overy’s Hong Kong office. He has experience in a wide range of banking and finance transactions, including fund financings, bilateral and syndicated corporate lending, acquisition financings, equity margin financings, pre-IPO investments and other event-driven financings. Patrick regularly represents banks and non-bank financial institutions in structured cross-border financings in the Asia-Pacific region with a particular focus in Mainland China and Hong Kong. From 2010 to 2014, Patrick was legal counsel at Deutsche Bank partnering with the business to manage risks and produce tangible solutions on a range of debt products offered by the Structured Finance team.

Platinum Sponsors

Ashurst

We are pioneers in Fund Finance. As one of the first law firms to advise in this market, we have helped shape its growth and development into the multiple finance products available today. Collectively, our industry-leading partners have over 80 years of experience in structuring and acting for lenders and borrowers on all types of fund financings, including capital call, NAV, preferred equity, SMAs, family offices, co-investments and GP & management facilities. Our unrivalled breadth of experience, commitment to the market and track record of delivering exceptional standards of service means we are a trusted adviser to all the major lenders, GPs, managers and sponsors.

We know funds. Working with our award-winning fund formation, fund tax and fund regulatory practices, we are able to advise and guide the most demanding clients on all aspects relating to funds.

We find solutions that work across borders. As one of the world's leading global law firms, our story is one of change and progress. Since 1822, our ambition has always been to lead the field, to be ahead of our time, and to inspire change. Through our 200-year history, taking a progressive stance on the issues of our time has been a constant thread, every step of the way. And this thread continues to run through our global law firm. We have 31 offices in 18 countries and offer the reach and insight of a global network, combined with the knowledge and understanding of local markets. With over 450 partners and a further 1,800 lawyers working across 11 different time zones, we are able to respond to clients wherever and whenever required. Our network of fund and fund finance experts are one global team that seamlessly and efficiently find solutions and manages the largest and most complicated cross-border transactions.

Ashurst – ranked Band 1, Legal 500 Fund Finance 2024

Carey Olsen

Carey Olsen is a leading offshore law firm. Our fund finance specialists have extensive experience of advising on all types of lending to investment funds in Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey and Jersey.

Our lawyers regularly deal with subscription facilities, GP leverage, co-invest facilities as well as hybrid and NAV based arrangements, with loan sizes ranging from tens of millions to billions of dollars. We work alongside all of the major onshore law firms, accountancy firms and insolvency practitioners on corporate transactions and matters involving our jurisdictions.

Our advice is delivered by an approachable and experienced team of globally-minded lawyers who work in partnership with our clients to help them achieve their objectives. We have the expertise and resources to handle the most complex international transactions combined with a personal approach to business.

Haynes and Boone

Haynes Boone is a leading U.S. corporate law firm whose attorneys were instrumental in developing the structure and documentation for subscription financing in the early 1990s. With over 30 years of industry experience in the global subscription financing market, our Fund Finance Practice has worked through numerous business cycles, taking a multi‐disciplinary approach to working with clients and their customers on each transaction, preserving the lender‐borrower relationship by conducting all negotiations with an understanding of the fund’s business issues, while preserving each fund’s relationship with its investors. Our work in the global subscription financing market has been recognized by The Drawdown as Fund Finance Advisory Firm of Year and by Private Equity International’s Global Annual Awards as one of the top law firms in the “Transactions” category for both Asia and North America. Our global team’s focus is a collaborative team approach with an emphasis on partner‐led deals. Our fund finance team of over 70 attorneys and specialists advises on all types of fund finance including subscription financing, NAV/Hybrid, unencumbered asset pool financing, employee co-invest, GP support and management fee financings. Haynes Boone has offices in New York, California, Charlotte, Chicago, Denver, Washington D.C., London, Mexico City, Shanghai and across Texas, representing agent banks in Fund Financings in Asia, Europe, Latin America and North America. With over 700 lawyers, Haynes Boone is ranked among the largest U.S.‐based firms by The National Law Journal.

MUFG Investor Services

MUFG Investor Services is a leading solutions provider for the global alternative investment management industry. From 17 locations around the world, MUFG Investor Services, through its suite of solutions, helps clients mitigate risk, execute seamlessly, and increase efficiencies across their pre- and post-trade operations. With more than $1 trillion in assets under administration, MUFG Investor Services is one of the top fund administrators globally and provides a broad range of solutions including administration, asset servicing, banking and liquidity, corporate and regulatory services, financing, business consulting, and more. Its nearly 500 clients represent funds across the public and private markets, including hedge funds, fund of funds, private equity, private debt, real assets, infrastructure, mutual funds, venture capital, and more. MUFG Investor Services is a division of Mitsubishi UFJ Financial Group, Inc (MUFG) one of the largest banks in the world with approximately $3 trillion in assets. To learn more, please visit us at www.mufginvestorservices.com.

Simpson Thacher & Bartlett LLP

Simpson Thacher & Bartlett LLP (www.simpsonthacher.com) is one of the world’s leading international law firms. The Firm was established in 1884 and today has more than 1,300 lawyers. Building on over 135 years of experience, the Firm has played a substantial role in many of the most complex and noteworthy transactions and matters of the last decades. Headquartered in New York with offices in Beijing, Brussels, Hong Kong, Houston, London, Los Angeles, Palo Alto, São Paulo, Tokyo and Washington, D.C., the Firm provides coordinated legal advice and transactional capability to clients around the globe.

The Firm offers a market-leading fund finance practice with deep experience providing fund- and asset-level leverage solutions for private equity, real estate, investment, special situations and infrastructure funds. Complementing the Firm’s preeminent private funds practice, our global fund finance team represents clients across a broad spectrum of transactions encompassing all aspects of the investment management business.

Gold Sponsors

Allens

Allens is a leading international law firm serving clients throughout Australia and Asia. Together with Linklaters, our global network spans 40 offices across 28 countries.

We have built our reputation on the quality of our people, the strength of our client relationships and our innovative approach to complex work. We combine technical excellence with commercial understanding to provide the best insights and whether you're a global multinational or a start-up with a bright idea, our commitment to outstanding service is the same.

Our focus on achieving excellent results for our clients has led to many accolades, including Australian Law Firm of the Year – Chambers Asia Pacific Awards 2023 and Best Law & Related Services Firm – Beaton Client Choice Award 2021.

Baker McKenzie

Baker McKenzie (www.bakermckenzie.com) brings insight and foresight to clients across more than 70 global offices. Our team of 13,000 people, including over 6,500 lawyers, works alongside our clients to drive growth that is both sustainable – and inclusive.With locations in financial centers and emerging markets, Baker McKenzie’s Global Banking & Finance Group advises on complex financing transactions and regulatory matters across borders. Our locally-embedded, globally-experienced lawyers bring deep sector expertise and an innovative and commercial approach to offer a seamless, end-to-end experience for clients and deliver maximum value to stakeholders in the global financial markets.Our Fund Finance practice seamlessly integrates our market leading Funds and Banking & Finance practices to advise local and international financial institutions, PE funds, credit funds and real estate funds on a wide range of fund finance solutions, including capital call facilities, GP facilities and NAV facilities.

グローバルに展開する法律事務所であるベーカーマッケンジーは、70を超える世界各地の拠点よりクライアントのビジネスをサポートしております。6,500名超の専門家を含む13,000名のメンバーが、クライアントとともに持続可能かつインクルーシブな成長を達成すべく、日々邁進しております。各金融センター及び新興市場に拠点を置くベーカーマッケンジーのバンキング＆ファイナンス・グループは、複数法域に跨る金融取引や規制に精通しています。現地に根ざしたノウハウ及びグローバルな経験を併せ持つ専門家が、産業分野に関する深い専門知識と革新的なアプローチを駆使して、クライアントに一貫したサービスを、そしてステークホルダーに最大限の価値を提供しております。また当事務所のファンド・ファイナンス部門は、市場をリードするファンド部門とバンキング＆ファイナンス部門の専門家により構成されており、国内外の金融機関、PEファンド、クレジット・ファンド、不動産ファンドに対し、キャピタル・コール・ファシリティ、GPファシリティ、NAVファシリティを含む広範なファンド・ファイナンスに関するアドバイスを行っています。

East West Bank

East West Bank provides financial services that help customers reach further and connect to new opportunities. East West Bancorp, Inc. is a public company (NASDAQ: “EWBC”) with total assets of $72.5B. The company’s wholly-owned subsidiary, East West Bank, is the largest independent bank headquartered in Southern California. EWB Private Equity, with offices in New York, Los Angeles, Silicon Valley and Hong Kong, is the Bank’s largest industry specialty group, with in-depth knowledge of the fund finance market. The Private Equity Group provides creatively designed credit solutions to meet the fund financing needs of a wide range of asset management firms, funds and partnerships. We support clients at all stages of the investment lifecycle with capital call lines and NAV facilities, as well as hybrid facilities which blend the two. We provide these lines to traditional funds, SMAs and high net worth investor feeder funds. For management companies and general partners, we craft facilities supported by management fees and general partner stakes to provide liquidity and investable capital.

Fitch Ratings

As one of the world’s top three credit ratings agencies, Fitch Ratings plays a critical role in global capital markets by providing supplementary credit analysis, ratings, research, and commentary to financial market participants.

For over 100 years, Fitch Ratings has been creating value for global markets through its rigorous analysis and deep expertise, which have resulted in a variety of market leading tools, methodologies, indices, research, and analytical products. Fitch Ratings is part of Fitch Group, a global leader in financial information services with operations in more than 30 countries, which also includes Fitch Solutions.

With dual headquarters in London and New York, Fitch Group is owned by Hearst.

For additional information, please visit fitchratings.com.

ING

ING is a global bank with a strong European base. Our more than 60,000 employees offer retail and wholesale banking services to customers in over 40 countries.

Our purpose is to empower people to stay a step ahead in life and in business.

Our products include savings, payments, investments, loans and mortgages in most of our retail markets. For our Wholesale Banking clients we provide specialised lending, tailored corporate finance, debt and equity market solutions, sustainable finance solutions, payments & cash management and trade and treasury services.

Customer experience is what differentiates us and we’re continuously innovating to improve it. We also partner with others to bring disruptive ideas to the market faster.

ING’s dedicated Fund Finance team have a presence in London, Luxembourg, New York and Singapore.

Mayer Brown

Mayer Brown, the founding sponsor of the Annual Subscription Facility and Fund Finance Symposium, is a global legal services organization advising clients across the Americas, Asia and Europe. Our presence in the world’s leading markets enables us to offer clients access to local market knowledge combined with global reach. Mayer Brown’s finance platform is based on the Firm’s global position and our balanced and integrated practice, which encompasses all the focused skill sets that our clients demand— from cross-border acquisition finance and international capital markets work to project finance, structured finance, and derivatives.

Mayer Brown is a market leader and has acted as Adviser to Lenders and Funds on over 500 subscription credit facilities in the last two years. The firm has relationships with every major US lender along with the majority of active lenders in the European and Asian markets. The team has led transactions funded by balance sheet lenders and commercial paper conduits as well as large syndicated facilities to accommodate various types of insurance companies. Its lawyers are experienced documenting the full suite of fund and portfolio-level financings including subscription-backed credit facilities, NAV facilities, private placements, equity commitment facilities, hybrid facilities, open-end fund facilities, management fee credit lines and an assortment of leveraged asset level transactions.

Mourant

Our market-leading funds team spans time-zones and has an outstanding international reputation in offshore investment funds, working across a wide range of alternative fund asset classes – traditionally real estate, private equity, credit and hedge funds. We advise on the formation, structuring and regulation of investment funds in the Cayman Islands, the BVI, Jersey and Guernsey, and our lawyers provide ongoing legal advice to offshore funds and their managers and investors.

Our ‘one firm’ approach means that working together with clients we deliver seamless, objective and commercially grounded advice on the comparative advantages and disadvantages of the leading offshore fund jurisdictions. Our team exercises true commercial judgment in delivering advice, often going the extra mile, with a personal approach, and forming genuine partnerships with our clients and their advisers. Clients benefit from our teams working together and making things happen in this way, resulting in deals being delivered on time and within budget.

Visit www.mourant.com to find out more.

Natixis Corporate & Investment Banking

Natixis Corporate & Investment Banking is a leading global financial institution that provides advisory, investment banking, financing, corporate banking and capital markets services to corporations, financial institutions, financial sponsors and sovereign and supranational organizations worldwide.

Our teams of experts in about 30 countries advise clients on their strategic development, helping them to grow and transform their businesses, and maximize their positive impact. Natixis CIB is committed to aligning its financing portfolio with a carbon neutrality path by 2050 while helping its clients reduce the environmental impact of their business.

As part of the Global Financial Services division of Groupe BPCE, the second largest banking group in France through the Banque Populaire and Caisse d’Epargne retail networks, Natixis CIB benefits from the Group’s financial strength and solid financial ratings (Standard & Poor's: A+, Moody's: A1, Fitch: A+, R&I: A+).

SuMi TRUST

Established in 1925, Sumitomo Mitsui Trust Bank, Limited (“SuMi Trust”) is the largest Japanese trust bank, providing a wide range of banking and fiduciary services to its customers. In its domestic Japanese market, SuMi Trust business covers asset management, corporate and structured financing, real estate brokerage, mortgage loan and retail banking. In international market, SuMi Trust has branches in major global financial centers, where it is primarily focused on banking activity – most notably corporate and structured finance. SuMi Trust is well known not only for working openly and collaboratively with its banking clients, but also for seeking opportunities to introduce its Japanese investor partners enhanced investment solutions in line with its trust bank heritage.

Walkers

Walkers' global fund finance group comprises dedicated fund formation and finance lawyers who act on complex and innovative fund financing solutions and advise clients across the world’s financial markets. As one of the first offshore teams to work on subscription line credit transactions and hedge fund financing platforms, for both lender and borrower clients, we provide an unmatched depth of expertise across our global network in the Americas, EMEA and Asia. In a volatile world we are a safe pair of hands in safe jurisdictions.

Our fund financing teams have been at the forefront of the development of the fund finance market in these regions, working closely with leading financial institutions, investment managers and law firms. Our people and our approach to solving our clients challenges are tried and tested, but that doesn’t mean we ever stand still.

Walkers' global fund finance group provides commercially focused advice to both lenders and borrowers on a range of financing solutions. Our multi-disciplinary team has an in-depth understanding of the structures used by investment managers and the legal and commercial issues relevant to fund finance providers. Our clients include agents, banks, alternative lenders and investment fund managers, including private equity, credit, real estate and hedge funds. Markets change, regulation evolves, businesses adapt, and we keep on reinventing our service for the times we find ourselves in.

Silver Sponsors

Bank of China Sydney Branch

As China’s most globalised bank, and one of the world’s largest financial institutions, Bank of China Limited(“BOC”) has over 306,931 employees in the Chinese mainland as well as 64 countries and regions, with total assets over $4.5 trillion as of the end of year 2023. BOC has a well-established global service network and an integrated financial service system based on the pillars of its corporate banking, personal banking, financial markets and other commercial banking business, which covers investment banking, direct investment, securities, insurance, funds, aircraft leasing, asset management, financial technology, financing leasing and other areas. In addition, BOCHK and the Macau Branch serve as local note-issuing banks in their respective markets. The primary centres of fund financing in Asia are Sydney, Singapore, Macau and Hong Kong.

DBS Bank Ltd

DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.

Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia“ award by Global Finance for 15 consecutive years from 2009 to 2023.

DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets.

DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting businesses for impact: enterprises with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping underserved communities with future-ready skills and helping them to build food resilience.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.

Simmons & Simmons LLP

Collaborative, agile and partner-led: that’s Simmons & Simmons. A law firm that challenges, creates new possibilities and offers opinion not just option. A law firm that acts as your business partner and works with you, not for you.

We focus on four highly regulated sectors using our specialist skills to understand your business, and the forces at play around it. All grounded in exceptional knowledge of the legal detail. This is how we consistently deliver smarter, more efficient ways to tackle our clients’ most complex challenges.

Our International Funds Finance practice is no exception. Operating across the UK, Europe, Middle East and Asia, we’re recognised for both technical excellence and outstanding commerciality. The team advises banks, hedge fund managers, private equity funds, real estate funds and investment fund managers in connection with a wide range of financings involving many different fund asset classes. As both the Asset Management/ Investment Funds and Financial Institutions sectors are key areas of focus for our firm, whether we are acting for a lender or a borrower, we are able to deliver an efficient and high calibre service.

Societe Generale

Societe Generale is a top tier European Bank with more than 126,000 employees serving about 25 million clients in 65 countries across the world. We have been supporting the development of our economies for 160 years, providing our corporate, institutional, and individual clients with a wide array of value-added advisory and financial solutions. Our long-lasting and trusted relationships with the clients, our cutting-edge expertise, our unique innovation, our ESG capabilities and leading franchises are part of our DNA and serve our most essential objective - to deliver sustainable value creation for all our stakeholders.

The Group runs three complementary sets of businesses, embedding ESG offerings for all its clients:

French Retail, Private Banking and Insurance, with leading retail bank SG and insurance franchise, premium private banking services, and the leading digital bank BoursoBank.

Global Banking and Investor Solutions, a top tier wholesale bank offering tailored-made solutions with distinctive global leadership in equity derivatives, structured finance and ESG.
Mobility, International Retail Banking and Financial Services, comprising well-established universal banks (in Czech Republic, Romania and several African countries), Ayvens (the new ALD I LeasePlan brand), a global player in sustainable mobility, as well as specialized financing activities.

Committed to building together with its clients a better and sustainable future, Societe Generale aims to be a leading partner in the environmental transition and sustainability overall. The Group is included in the principal socially responsible investment indices: DJSI (Europe), FTSE4Good (Global and Europe), Bloomberg Gender-Equality Index, Refinitiv Diversity and Inclusion Index, Euronext Vigeo (Europe and Eurozone), STOXX Global ESG Leaders indexes, and the MSCI Low Carbon Leaders Index (World and Europe).

For more information, visit societegenerale.com.

Wells Fargo Bank

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is a leading middle market banking provider in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 41 on Fortune’s 2022 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health and a low-carbon economy.

Bronze Sponsors

Corrs Chambers Westgarth

Corrs Chambers Westgarth is Australia’s leading independent law firm. We advise on the most significant global matters and connect with the best lawyers internationally to provide our clients with the right team for every engagement.

We are one of the leading firms with expertise in the fund finance space, with a broad range of experience including in relation to subscription / capital call facilities, NAV and hybrid facilities, GP financings and SMA transactions. We have a deep bench of partners and associates who act for both borrowers and lenders and are Australian counsel of choice for a number of leading international and domestic firms. Our fund financing practice comprises an integrated team of banking and fund formation expert lawyers with a track record of working together to execute on high value fund finance transactions.

Milbank

Milbank LLP is a leading international law firm that provides a full range of innovative legal services to clients around the world. Founded in New York over 150 years ago, we maintain offices in Beijing, Frankfurt, Hong Kong, London, Los Angeles, Munich, São Paulo, Seoul, Singapore, Tokyo and Washington, DC. Our lawyers collaborate across practices and offices to help the world's leading commercial, financial and industrial enterprises, as well as institutions, individuals and governments, achieve their strategic objectives.

Milbank has extensive experience structuring, documenting and implementing the full spectrum of fund financings, including subscription financings, net asset value (NAV) based financings, co-invest facilities and hybrid fund financings ranging in size from US$50 million to US$2 billion (equivalent). Milbank’s representations in these transactions has included acting for lenders and borrowers of fund financings; representing a range of major American, European and Asian global investment funds, asset managers and private-equity houses as well as international and domestic banks and alternative credit providers; providing ongoing support for subsequent facility amendments, borrower, guarantor and lender joinders, maturity date extensions and commitment increases and LIBOR transition management; as well as modifying existing traditional fund financings secured by capital contributions of the investors into hybrid financings based on the net asset value of the investments of the funds secured by the value of those investments.

Sidley Austin LLP

Sidley is an elite global law firm powered by lawyers who practice at the highest level of the profession. Backed by 156 years of experience, we deliver superior service to a high-caliber group of market-leading clients worldwide, while placing a premium on collaboration and diversity. Our firm boasts a roster of 2,300 lawyers who wield deep experience in transactional, regulatory, and litigation matters spanning over 50 legal disciplines and industries.

Our fund finance practice is a team of highly skilled and dedicated practitioners at the forefront of the rapidly expanding fund finance market. With vast experience in all types of fund financing products we build and maintain deep relationships with fund, borrower, and lender side clients. We have experience with every major investment fund strategy and asset class, including many esoteric asset classes, and we represent our clients in all aspects of the structuring, negotiation, administration, restructuring, and termination of fund finance transactions. With 21 offices situated in major commercial and financial capitals around the world, our lawyers possess the cultural awareness and legal acumen needed to advise clients in today’s global economy.

We are nationally recognized by several industry publications, including:

Consistent Tier 1 rankings in Banking and Finance Law

U.S. News – Best Lawyers “Best Law Firms” survey 2022

Two Time “Investment Funds Team of the Year for the U.S.” Recipient

Chambers USA

Media Partners

Global Legal Group

Global Legal Group is an independent digital media company based in central London. Our clients are private practice and in-house lawyers, multinational corporations, and professional services firms in over 190 countries around the world.

In 2011, GLG introduced Global Legal Insights, an essential analytical resource detailing current legal issues spanning 16 practice areas. Global Legal Insights – Fund Finance was launched in 2017. Affectionately known in the fund finance community as “The Pink Book”, it is now in its eighth edition, providing in-depth analysis of market conditions, regulations and laws, covering 19 key jurisdictions, as well as 27 expert analysis chapters, which provide comprehensive insight and up-to-date analysis. Our mission is to provide outstanding performance for our clients and partners.

We provide the digital technologies and expertise that they need to boost their brand exposure and market reach, as well as access to the world’s leading online network of legal experts. By only partnering with the leading legal and business authorities, we also ensure that the information we provide is topical, enlightening and authoritative, making our products the go-to resource.

We do not have a special rate or room block, and all rooms are subject to availability and market value.

General Booking: https://www.fourseasons.com/hongkong/accommodations/

Four Seasons Hotel Hong Kong

: 8 Finance St
Central, Hong Kong
Location

: +852 3196 8888

: Four Seasons