As a result, SPACs increasingly turned to alternative financing structures, including ELOCs (as well as structured PIPEs, commonly involving convertible securities). General Characteristics.

This year advisors will need to dig into the details when it comes to values-based investing, alternative investments, and new compensation models, consultants at Aite-Novarica say.

In this edition of his Professional Responsibility column, Anthony E. Davis examines Formal Opinion 499 (Passive Investment in Alternative Business Structures) just issued by the ABA's Standing ...

There are also other factors leading sponsors down this route, such as Covid 19. The pandemic led to around 10-15 per cent of sponsors seeking to negotiate reduced deficit recovery contributions in ...