The ongoing COVID-19 crisis is presenting fund managers with numerous challenges. One key challenge is to make sure that their portfolio companies have sufficient capital available to weather this particular storm. But how can fund managers ensure the liquidity required by their funds and portfolio companies is available?

Proskauer’s leading Private Investment Funds team examines the ‘recycling’ options available in the market and outlines the main considerations fund managers should keep in mind when considering liquidity options.

Read the full publication here.

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Proskauer’s cross-disciplinary, cross-jurisdictional Coronavirus Response Team is focused on supporting and addressing client concerns. Visit our Coronavirus Resource Center for guidance on risk management measures, practical steps businesses can take and resources to help manage ongoing operations.

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Photo of Edward Lee Edward Lee

Edward Lee is a partner in the Private Funds Group. Edward advises fund managers and investors on the formation of a broad range of funds, including private equity, infrastructure, real estate, venture capital, secondary and hedge funds. He also advises on co-investments (including…

Edward Lee is a partner in the Private Funds Group. Edward advises fund managers and investors on the formation of a broad range of funds, including private equity, infrastructure, real estate, venture capital, secondary and hedge funds. He also advises on co-investments (including direct co-investments) and buyers and sellers in secondary transactions. In addition, Edward works on various related issues, including single investor vehicles, carried interest arrangements, limited liability partnership agreements and ongoing fund administrative issues.

Photo of Cameron Roper Cameron Roper

Cameron Roper is a special finance counsel in the Corporate Department and a member of the Private Credit Group (working closely with the Private Funds Group).

Cameron specializes in funds finance and general lending and advisory work, acting for both fund managers and…

Cameron Roper is a special finance counsel in the Corporate Department and a member of the Private Credit Group (working closely with the Private Funds Group).

Cameron specializes in funds finance and general lending and advisory work, acting for both fund managers and financial institutions. He has been involved in transactions involving net asset value (NAV) facilities, hybrid facilities and subscription line facilities, as well as bridging, acquisition and margin loan facilities. He has also advised on general partner, manager and co-investment facilities. His experience covers a wide range of funds, including credit, infrastructure, real estate, large buyout and mid-market funds, venture funds, fund of funds and emerging market funds.

Cameron was praised in The Legal 500 (2018) for his “commercial approach and problem solving skills.”

Cameron received his Bachelor of Laws (with Honors) from the University of Western Australia and his Master of Banking and Finance Law from the University of Melbourne.

Photo of Nick Rose Nick Rose

Nick Rose is an associate in the Private Funds Group. He advises UK and international fund managers on a range of issues, including the establishment and structuring of private investment funds, internal governance organisation and ongoing fund maintenance. Nick also advises on secondary…

Nick Rose is an associate in the Private Funds Group. He advises UK and international fund managers on a range of issues, including the establishment and structuring of private investment funds, internal governance organisation and ongoing fund maintenance. Nick also advises on secondary portfolio transactions, carried interest arrangements, and represents a number of global investors on their investments into private investment funds.

Nick’s experience advising institutional investors includes spending four months on secondment in Luxembourg with the European Investment Fund.