News & Events

Corporate Partner Jason Herman was quoted in a June 22, 2017 article in Law360 titled, “How PE Attys Can Capitalize On The Rise Of Alt Lenders.” The article discusses the growing trend of private equity firms offering alternative financing options for deals. Jason says that as alternative financing becomes more prevalent, lawyers must be prepared to guide clients through the processes of debt fundraising and deal-making, which includes assembling the proper team. “Putting the right team in place and having the right skill set and experience to do it is fundamental. That applies to credit as much as it applies to extending into any new business,” he says. Jason also discusses the shift toward private equity funds taking the place of traditional banks and helping to finance deals due in part to regulations put in place following the global financial crisis. “A lot of banks have pulled back not only because of regulations but also as they try to derisk and deleverage their own portfolios, so many banks have pulled back in terms of the amount that they’re lending and the borrowers to whom they’re lending,” he says.

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