Fund Finance Friday | Industry Conversations

Cadwalader’s Mike Mascia connects with Richard Wheelahan, founding principal of fund finance debt advisory firm Fund Finance Partners, in this week’s podcast edition of Fund Finance Friday: Industry Conversations. In the podcast, Rich covers what his fund sponsor clients are seeing in the market, where the current demand for fund finance is the highest and what it is like being a principal in a start-up during challenging times.     

Cadwalader’s Mike Mascia connects with Jeff Johnston, Managing Director and Head of Subscription Finance at Wells Fargo and Chairman of the Fund Finance Association, in this week’s podcast edition of Fund Finance Friday: Industry Conversations.  In the podcast, Jeff and Mike have a wide-ranging conversation, covering not only what Jeff is seeing in his portfolio and how the FFA is adjusting to the uncertainty, but also some of the challenges of leading large teams during stressful circumstances while in WFH, potential fund finance innovations coming out of the disruption and a deeply personal discussion of the passing of Jeff’s father-in-law in March. 

Cadwalader’s Mike Mascia connects with Matt Posthuma, a Partner in Ropes & Gray’s fund formation group, in this week’s podcast edition of Fund Finance Friday: Industry Conversations.  In the podcast, Matt gives an update on how the disruption is impacting fundraising in the real estate space, the state of real estate fund operations and capital call activity from his vantage point, and Investor performance on capital calls.

With all the press reports on subscription facilities and investor liquidity, Cadwalader’s Mike Mascia sits down for this week’s Fund Finance Friday: Industry Conversations with Jennifer Choi, the Managing Director of Industry Affairs at the Institutional Limited Partners Association.  In the podcast, Ms. Choi gives updates on how the investor community is weathering the disruption, the state of capital call activity, communication levels between GP’s and LP’s and investor sentiment on their liquidity positions.  While some of the data is sobering, Ms. Choi’s message for collective effort and cooperation across the market is uplifting and productive.    

Jocelyn Hirsch, partner at Kirkland & Ellis LLP, sits down with Mike Mascia to discuss how COVID-19 is impacting the Fund Finance markets.