Lawyers
North American Investment Funds Group Co-Head Matthew Goldstein spoke to Private Funds CFO about how the growing convergence of continuation vehicles and fund asset-backed securities is reshaping secondaries and fund finance markets. In the article, “Continuation Vehicles Meld with Fund ABS,” Matthew notes that a sponsor seeking to deliver liquidity to limited partners while courting insurers for capital can choose to contribute its own investment as collateral to a collateralized fund obligation, to create a so-called continuation vehicle fund obligation, or CVFO.
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