Mary Touchstone and Julia Kohen Co-Author Chapter in Fund Finance 2019
07.16.19
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Partner and Head of Simpson Thacher’s Fund Finance Practice Mary Touchstone and Corporate Counsel Julia Kohen recently co-authored a chapter for Global Legal Insights’ Fund Finance 2019 titled, “Liquidity options for fund managers and investing professionals.” The article discusses the impact that management lines of credit, employee co-investment lines and GP facilities may have on a fund’s subscription facility. Among the key considerations that Mary and Julia discuss for each transaction type are collateral security packages, fund obligations, administrative concerns and common points of lender diligence.
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