At Reed Smith, we’re considered a market-leader in the area of funds finance; acting for high profile financial institutions that provide capital call/subscription line, NAV, Asset-Backed, Hybrid and other fund facilities to private equity funds, credit funds, infrastructure funds and real estate funds. We have acted on behalf of most of the UK, European and U.S. financial institutions providing these products. We can carry out the same due diligence on the fund borrowers on behalf of the lender, prepare fund specific representations, undertakings and events of default and advise on taking security from partnership and other typical fund structures, including an assignment of the right to draw down loan commitments from investors for you.