(Cayman) A Guide to Taking Security over Capital Call Rights

The use of Cayman Islands exempted limited partnerships is commonplace in the private equity context. Some lenders have developed specific products known as "capital call facilities", "subscription facilities" or "equity bridge facilities" to provide short-term bridge financing for investments, ultimately financed from capital contributions from the limited partners of the fund. A key element is the security the lender will take from the general partner of the partnership over its rights to call for limited partner contributions and the proceeds of such calls.

Click to view memo


CAYMAN ISLANDS
Rob JacksonManaging PartnerT +1 345 914 4281rob.jackson@walkersglobal.com
Philip PaschalidesPartnerT +1 345 814 4675philip.paschalides@walkersglobal.com

DUBAI
Daniel WoodManaging PartnerT +971 4 363 7912daniel.wood@walkersglobal.com

HONG KONG
Andy RandallManaging PartnerT +852 2596 3305andy.randall@walkersglobal.com

LONDON
Jack BoldarinManaging PartnerT +44 (0)20 7220 4995jack.boldarin@walkersglobal.com

SINGAPORE
John RogersManaging PartnerT +65 6595 4673john.rogers@walkersglobal.com

Related Content