26Nov
NAV finance gains traction as private equity seeks liquidity
The use of net asset value finance by private equity firms has spiked under COVID-19 as managers explore new sources of liquidity in a weak M&A market - Until recently, net asset value (NAV) finance—where PE sponsors borrow against the NAV of the companies in their funds—occupied the fringes of the financing mainstream....
By:
White & Case LLP
Related
On June 7, 2019, in Altera Corp. v. Commissioner, a reconstituted panel of the U.S. Court of Appeals...
Read More >
On March 20, 2020, the Internal Revenue Service (“IRS”) released a Private Letter Ruling (“PLR”)...
Read More >
Addressing a matter of first impression, the Iowa Supreme Court determined that “when a civil cause...
Read More >
In the context of employment litigation, determining whether an employer-employee relationship actua...
Read More >
Commercial Establishments in Karnataka Permitted to Remain Open 24/7, for Three Years - New Order ...
Read More >
World Law Group member firms recently collaborated on a Global Venture Capital Guide that covers mor...
Read More >