Haynes and Boone, LLP lawyers Ellen McGinnis, Richard Anigian, Emma Russell, Emily Fuller, and Deborah Low contributed to Global Legal Insights’ “Fund Finance 2023,” produced in partnership with the Fund Finance Association (FFA).
This seventh edition of the book covers legal trends and developments in the greater fund finance markets and gives law firms, financial institutions, funds and investors comprehensive insight into 19 global jurisdictions.
Haynes Boone lawyers authored two chapters.
McGinnis, partner and co-chair of the firm’s Fund Finance Practice Group, teamed with Anigian, partner and past chair of the firms’ Litigation Department, to author a chapter titled “Analysis of Lender Remedies Under U.S. Law in Subscription-Secured Credit Facilities.” The chapter suggests lenders must have a sound understanding of their legal rights for enforcing remedies against a borrower and its limited partners under a subscription-secured credit facility in order to assess risk, price the risk, and properly document the facility.
Russell, partner and head of the Finance Practice Group in the London office, teamed with Fuller to author a chapter titled “Comparing the European, U.S. and Asian Fund Finance Markets,” which considers the differences between the European, U.S. and Asian approach to fund finance, both from a high-level market perspective and the contrasting nuances of transactions. Low, a partner in Haynes Boone’s New York office, contributed to the chapter.
The entire book can be viewed here.
Haynes Boone is a global leader in representation of U.S. and foreign commercial and investment banks arranging capital commitment subscription financings and other fund finance products for private equity funds in North America, Europe, Latin America and Asia. The firm's clients benefit from our more than 30 years of industry experience with fund finance facilities, and the multi-disciplinary approach we take to working with the clients and the clients' customers on each transaction.
Our global Fund Finance Practice Group of over 60 attorneys and specialists boasts several of the founding fund finance lawyers in both the US and UK, and leads the way in diversity, equity and inclusion. Within our group, over 50% are women, 40% are racially diverse and 7% identify as LGBTQ+.
Haynes Boone was selected as the Fund Finance Advisory firm of 2022 at The Drawdown Awards in London; the award recognizes advisors in the private equity fund finance space who have delivered across the board through business/client growth, innovation, and client servicing.