FFA 2020 MIA Pre-Event Survey Questions (Law Firms)

10th Annual Fund Finance Global Symposium Pre-event Survey

1. Did the number of subscription/capital call facilities you worked on in 2019:
1a. Have you seen an increase in alternative Fund Finance products from your clients?
If "Yes", please specify what types of alternate Fund Finance products.
2. If you represent lenders, did you represent more or less banks in 2019 vs 2018?
3. Do you anticipate hiring more lawyers to support your practice in the Fund Finance space in 2020?
4. Do you anticipate hiring at the Partner level to support your practice in the Fund Finance space in 2020?
5. If you represent fund managers, does your firm actively market/discuss usage for subscription/capital call facilities during fund formation discussions?
6. If you represent fund managers, are fund managers asking about subscription facilities during the fund formation discussions?
7. If you represent fund managers, are investors asking about subscription facilities during documentation negotiations?
8. If you represent fund managers, approximately how many lenders have you seen commit to subscription/capital call facilities in 2019?
9. How large do you estimate the subscription/capital call facility market to be (aggregate facility size, unsecured or secured, committed or uncommitted) where advances are calculated primarily off of uncalled capital commitments of a fund?
10. Are you seeing an impact of the ILPA guidelines on your business?
If "Yes" – please specify how
11. Given the press on the fund finance industry, how concerned are you about the impact on your business:
12. Hybrid facilities - what level of interest are you seeing from your clients:
13. Have you seen a change in the underwriting standards for subscription facilities?
14. Given the Abraaj developments, are you changing documentation and/or procedures?
If "Other", please specify.
15. What would you like to see the FFA provide that is not being provided?