How Firms Approach and View the Use of Subscription Lines
The concept of subscription (sub) lines has been around for decades. However, longer-dated sub lines are all the craze right now because they can have a material impact on net IRR in the early years of the fund’s life and with rates at historic lows. To learn more about the changing dynamics of how firms approach and view the use of subscription lines, check out this primer from Head of U.S. Sales Mike Zack.