Considerations in providing NAV facilities to individuals
Global Legal Insights – Fund Finance 2020, Fourth Edition
In this chapter for Global Legal Insights – Fund Finance 2020, Fourth Edition, Davis Polk partner Meyer Dworkin and associate Christopher Holt examine the typical structure of, and collateral securing, net asset value credit facilities (“NAV facilities”) provided to individuals. Additionally, the chapter focuses on issues to consider – and potential solutions – when providing NAV facilities.
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