Fund Finance Seamless Collaboration

Experience

Richards Layton advises investment managers, lenders, and sponsors on a full range of fund finance matters and navigates the governance issues related to financing transactions. Offering counsel across several practices, our fund finance lawyers collaborate seamlessly with our firm’s LLC & Partnership, Corporate Trust, Structured Finance, and Commercial Transactions practices to provide comprehensive support across every facet of fund finance.  Our practice in this area also involves rendering legal opinions under Delaware law covering the various Delaware parties involved, including borrowers, guarantors, and equity commitment providers.

We advise major investment firms, asset managers, and other financial institutions on various fund finance structures, including:

  • Subscription and capital call facilities,
  • NAV-based facilities,
  • Hybrid facilities,
  • GP financings (debt and equity),
  • Margin lending,
  • Rated note feeders,
  • Structured finance facilities for single fund borrowers,
  • Warehouse and other bridge facilities,;
  • Syndicated bank facilities for groups of open-end fund borrowers, and
  • Secondaries and continuation fund financings.

Publications

Recent Developments in Delaware Corporate Law

Spring 2026

Helping Clients Navigate the Intricacies of Delaware Corporate Law Richards, Layton & Finger has been defining Delaware law since 1899. Continuing our long tradition of providing insight into the evolution of our state’s influential laws, this publication highlights recent Delaware corporate and alternative entity cases as well as statutory developments in our state. Our corporate and…

Trade Name Registration Changes Further Delayed

May 28, 2025

Legislation providing that modifications to the trade name registration process in Delaware will be further delayed until February 2, 2026 was adopted by the Delaware General Assembly and signed by the Governor of the State of Delaware on May 27, 2025.  Effective February 2, 2026, trade names must be registered with the Delaware Division of Revenue…

Proposed Amendments to Delaware’s LLC and Partnership Acts

May 7, 2025

Legislation proposing to amend the Delaware Limited Liability Company Act (LLC Act), the Delaware Revised Uniform Limited Partnership Act (LP Act) and the Delaware Revised Uniform Partnership Act (GP Act) (collectively, the LLC and Partnership Acts) has been introduced to the Delaware General Assembly.  The following is a brief summary of some of the more significant…