This publication covers legal trends and developments in the greater fund finance markets, providing law firms, financial institutions, funds and investors with a comprehensive insight.

Richard Fletcher and Yagmur Yarar have authored a chapter in the Global Legal Insights to: Fund Finance 2025. The chapter looks at what constitutes “umbrella facilities” including how they compare and contrast with more standard fund finance facilities and explores the pros and cons of using these products from the perspective of a sponsor. 

The chapter also covers which types of funds tend to use umbrella facilities and the outlook for the future of umbrella facilities in the market.

Read the full chapter on the Global Legal Insights website: "Umbrella facilities: pros and cons for a sponsor".

Chapter content

• Overview
• Description of umbrella facilities
• A brief history of umbrella facilities
• Types of umbrella facilities
• Recourse and security
• Pros and cons
• Who and where?
• Conclusion and outlook

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The Global Legal Insights to: Fund Finance 2025 - Chapter 12