Simpson Thacher in the News
Go Back
Jennifer Levitt Quoted in Ignites on Rising Liquidity Risks
09.26.19
This is only gets display when printing
Partner Jennifer Levitt is quoted in an Ignites article titled “Bank Loan Funds’ Liquidity Risks May Be Rising: Fed Research,” which discusses research from the Federal Reserve that indicates liquidity risks may be rising, raising questions over whether funds may be forced to liquidate assets to repay borrowing commitments if they are unable to renew the lines of credit. In the article, Jennifer discusses that, across all types of funds generally, she has not seen difficulties in renewing credit facilities and that banks view lending to funds as predictable and safe.
To read the full article, please
click here (subscription required).