Structuring Capital Call Facilities For Open-End Funds

Law360, New York (December 4, 2013, 12:32 PM EST) -- A subscription credit facility, also frequently referred to as a capital call facility, is a loan made by a bank or other credit institution to a private equity fund. The defining characteristic of such facilities is the collateral package, which is composed not of the underlying investment assets of the fund, but instead by the unfunded commitments (the capital commitments) of the limited partners in the fund (the investors) to make capital contributions when called from time to time by the fund's general partner....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Related Sections

Law Firms

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!