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Mitchell L. Berg, a partner at Paul, Weiss, Rifkind, Wharton & Garrison and Andrew J. Bates, an associate at the firm, analyze a form of financing that has increasingly been used by real estate funds (as well as other private equity funds) with investment-grade and other creditworthy investors, financings which are secured not by the assets of the funds but by the capital commitments of their investors.
October 31, 2007 at 12:00 AM
1 minute read
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