Validus offers an independent debt advisory service that provides specialist advice, support and assistance to sponsors seeking to establish, refinance or re-negotiate Fund Finance Facilities.

Our Fund Finance professionals have real market experience from both sides of the table, as lenders and borrowers. These skill sets and market knowledge allow us to provide a unique insight into the fund finance industry reflecting the latest market intelligence, developments and structures.

We cover the whole range of fund finance structures, including:

  • Subscription Line / Equity Bridge facilities
  • Asset-backed /NAV lending
  • Hybrid facilities
  • Liquidity and working capital lines
  • GP Commitment facilities
  • Bespoke / customised solutions

Strategy

Validus has a longstanding track record of providing specialist advice to sponsors and our clients combined assets under management exceed $2 trillion. Through our experience, knowledge and networks we are able to provide deep market insight and evaluation and benchmarking of counterparties.  Our service will:

  • Help you establish the purpose and facility requirements to determine the appropriate fund finance product
  • Ensure you achieve your business strategy by anticipating and overcoming your refinancing risks
  • Help you to define KPIs in terms of what a successful financing arrangement will look like

Structuring

When approaching the market it is key to determine the most effective and efficient structure to achieve your lending requirements. As part of our service we can:

  • Advise on optimal structure
  • Foresee lending facility features & Prepare lender pack
  • Identify and approach right pool of lenders
  • Coordinate and manage your club deal / syndication process
  • Advise on the appropriate legal firm for this type of lending
  • Articulate credit story to lenders

Execution

The execution phase of the implementation process is key. While the Fund Finance market is now well established, there is still a lack of transparency around pricing. Different lenders also employ different practices when it comes to the final stages of agreeing facilities. We can:

  • Benchmark pricing against market/peers
  • Assist you with Term Sheet negotiations
  • Act as a central liaison and data collection point
  • Assist you with lenders and lawyers negotiations and execution
  • Confirm formal credit approval from lenders