Fund Finance

Dillon Eustace has one of the largest Financial Services legal practices in Ireland which represents more Irish domiciled funds than any other law firm. Our work for these clients includes real estate investments and real estate funds, private equity/debt funds, derivatives, investment services, insurance, funds listing, and regulatory and compliance matters.

This extensive expertise and client base provides us with a clear advantage in advising on fund related financing - whether that is at a fund-level liquidity or bridging facility or a leveraged or acquisition finance facility at the portfolio investment level.

We address all the legal, regulatory and tax matters facing clients operating in the complex and highly regulated funds market. Our integrated service combines specialist expertise in Banking and Capital Markets, Funds and Tax to deliver clear and comprehensive advice.

We work extensively with fund and lending clients on all aspects of fund finance and related security requirements. The team regularly advises fund service providers on their obligations concerning borrowing by funds that they service.

Our pioneering funds team works at the forefront of many fund finance and real estate transactions in the Irish market, including equity and asset finance funding.

We bring industry knowledge, technical expertise and a commercial outlook to all our work. Our wide-ranging experience and expertise includes advising on: the provision of credit facilities; secured lending transactions; fund margin lending; equity line facilities; mezzanine finance; debt asset value facilities; private placements; and capital markets funding. 

Representative transactional experience includes acting for and advising:

  • On a USD 625m facility provided by an international syndicate of lenders to a global funds group.
  • An ICAV borrower in the provision of facilities to it by Ulster Bank to fund the acquisition of an apartment block having a value of approximately €72m.
  • A specialised commercial property fund on credit facilities provided to it by Ulster Bank in connection with the acquisition of a portfolio of commercial property in Ireland in excess of €80m.
  • Numerous funds on the amendment and restatement of their facilities to comply with their funding banks’ regulatory capital requirements.
  • Various platform ICAVs in the context of the financing of sub-funds of the ICAV.