Fund financing and LP liquidity issues – is it fake news?
15 May 2020
During our latest Hong Kong webinar with Allen & Overy, we challenged recent media headlines on LP defaults, and discussed the impact of COVID-19 on fund financing and the Asia Pacific PE market.
We polled our 150 attendees from across Asia-Pacific - over 90% said they have not yet seen any LP defaults and, of those, around half do not expect to see any; although the other half anticipates some in the next six months. While not quite fake news, it would seem from this that the impact of COVID-19 on LP defaults in fund financing has yet to materialise.
Webinar findings:
Contact
About Mourant
Mourant is a law firm-led, professional services business with over 60 years' experience in the financial services sector. We advise on the laws of the British Virgin Islands, the Cayman Islands, Guernsey, Jersey and Luxembourg and provide specialist entity management, governance, regulatory and consulting services.
