Fund Finance

Our fund finance practice is highly rated in the market and has extensive experience in advising across a broad range of mainstream and alternative asset classes, including private equity, credit, hedge funds and real estate.

Our clients turn to us for advice on structuring and documenting their most challenging transactions, often via innovative instruments and structures. 

We work alongside specialist lawyers in our investment management, real estate and tax teams to offer our clients specialist knowledge of the current legal and commercial issues relevant to all stakeholders in fund finance transactions.

Our range of services includes:

  • investor call bridge facilities to assist funds in meeting investment obligations, whatever the relevant timetable, and managing the frequency and administration of investor drawdowns;
  • equity bridge facilities, to provide funding pending first or final close of a fund, pending bringing co-investment partners into an investment or to provide alternative financing solutions for an investment;
  • "equity commitment" finance structures where direct borrowing by a fund or the giving of guarantees by a fund is not possible;
  • leverage and borrowing base facilities for asset acquisitions, including debt investments, partnership interests and real estate investment portfolios; and
  • co-investment facilities, to support the co-investment commitment of general partners or fund executives.

What people are saying


"We utilise the fund finance team at Macfarlanes on all fund finance matters. They are excellent with both small amendments and full projects and we lean on them heavily to lead the process for us. Always a safe pair of hands."

The UK Legal 500 2023

"They are very pragmatic and offer realistic quotes. We also appreciate the synergies between the fund and fund finance teams."

The UK Legal 500 2023

"The team is very diligent in their work and fully up-to-speed with market developments. They provide sound advice across a broad spectrum of fund finance products."

The UK Legal 500 2023

"The Fund finance team at Macfarlanes is exceptional. They have strength and depth and have advised on a number of facilities for our funds in recent years."

The UK Legal 500 2023

"The team produces consistently high quality work within very short time frames. Their experience and knowledge within the sector is first class."

The UK Legal 500 2023

"They have excellent technical knowledge and are always a pleasure to work with."

The UK Legal 500 2023