October 2022
We are honoured that our founder, Sarah Lobbardi, has been announced as one of the "Most Influential Fund Finance Experts of 2022". Congratulations to our friends and peers who have made it on to the list! Also, thank you to everyone that congratulated us on LinkedIn
April 2022
Sarah Lobbardi, founder of Avardi Partners, was delighted to join a webinar organised by Wildgen, Michael Mbayi alongside key industry players.
The panel discussion can be seen by following the link below and provides a holistic view from all parts of fund financing transactions including Avardi Partners as advisors, lawyers and fund managers. As well as looking at fund finance transactions and perspectives, the discussion spoke about the impacts of Covid-19, working and completing transactions in today's market.
https://www.wildgen.lu/whats-new/play-it-again-replay-our-last-fund-finance-webinar-ready-you
December 2021
Sarah Lobbardi, founder of Avardi Partners, was delighted to join a webinar organised by IQ-EQ alongside Tikheau IM, Stanhope Capital, Latour Capital and 17 Capital.
There has been substantial growth in the fund finance market over recent years, with more and more funds seeking subscription lines and NAV financing, and we anticipate that 2022 will be a year of further growth and innovation.
May 2021 - Avardi Partners detailed the latest trends around ESG-linked fund financing facilities in an article in the drawdown
"Sustainability financing is largely falling into two categories:
The first is green loans; this is where the proceeds of the loan are applied exclusively to finance green assets in line with the ESG strategy of a fund. These facilities can benefit from a pricing reduction from day one subject to the fund following the framework agreed in the facility agreement. Green loans are typically more suited for funds focused on investing in green assets only (e.g. renewable energy or sustainable forestry).
The second is ESG or sustainability-linked loans. These facilities are standard capital call or NAV facilities but include ESG-related KPIs agreed between the fund and the lender. The achievement of some or all of these KPIs is linked to a pricing toggle. This is the most common type of sustainability financing in the fund finance market."
Get in touch with Avardi Partners to discover other aspects of sustainable finance including:
The most common KPIs and how to monitor them
Impact on the margin of your facility
Banks' policy on sustainable financing
Read the full article at https://the-drawdown.com/article/comment-esg-fund-financing
October 2020
In this webinar we discussed:
Covid-19 impact on fund finance and what to expect for 2021
Legal aspects of fund-level FX hedging
LIBOR cessation and what GPs should be doing now to prepare for the transition to risk-free rates
September 2020
Sarah Lobbardi discusses the founding of and philosophy behind Avardi Partners as well as her insights on the current and future direction of the Fund Finance market.
April 2021 - Sarah Lobbardi discussed in an article in the Drawdown the launch of Avardi Partners.
“Back in 2018, I launched the first ever dedicated fund finance advisory team. I could see the gap in the market between sponsors and lenders. That’s when I decided there was something to be done to add more value. There was an opportunity to help sponsors to be more innovative about their financing strategy and structuring” Lobbardi explained.
“I am really happy today to launch an independent practice that will focus on fund finance as well as provide a full range of services to our clients. Our six strong team has a longstanding track record in fund finance having executed over 250 transactions worldwide.”
In the last few years, the fund finance landscape has evolved rapidly and recent events have led to an ever sharper focus on this market. “Our launch is timely as sourcing financing solutions is harder than ever. Lenders are more diligent, pricing has increased materially and there is a massive spike in NAV line demands with only few lenders providing them,” Lobbardi added.
Read the full article at https://the-drawdown.com/article/lobbardi-launches-avardi-partners