2: Fund financing in a fix
PE firms are seeking to shore up their portfolio companies amid the economic sinkhole of Covid-19, but if sourcing liquidity proves impossible, managers can turn to fund financing to back their businesses. Katharine Hidalgo speaks with Unquote associate editor Denise Ko Genevese and Debtwire reporter Oscar Geen about NAV and preferred equity, and to Investec's Matt Hansford about the evolution of such facilities and pricing 0:00 Intro 1:20 All hands on deck 5:01 Interview with Matt Hansford, Investec 15:12 Pricing in the pandemic Note: Matt Hansford's interview was recorded prior to the onset of the Covid-19 outbreak. Theme music: ©2012 Kick Up The Fire