Fund Finance Briefs: Beyond the Subscription Credit Line

Goldman's Vintage Real Estate Partners, the Blackstone Senior Direct Lending Fund, and a Fortress arrangement with Western Alliance Bank

Subscription credit lines may dominate the fund finance arena, but they aren't the only borrowing tool available to private equity and hedge fund managers. The following briefs outline financing agreements backed by alternative types of collateral. They’re followed by a table of recent sub-line deals.