Mathan Navaratnam discusses LP portfolio financing facilities, highlighting how lenders use loan-to-value thresholds, cash sweep mechanisms and other protections to manage risk while providing liquidity to private fund investors.

Third-party coverage:

LP Portfolio Financing Facilities: Key Terms of the Emergent Liquidity Option for Fund Investors (Part One of Two) (Private Equity Law Report) [behind a paywall]

LP Portfolio Financing Facilities: Complexities of Loan-to-Value Ratios and Other Lender Protections (Part Two of Two) (Private Equity Law Report) [behind a paywall]