Fund Management

Proposed Federal Tax Bill Will Devastate Private Lenders, Funds

By |2025-03-24T08:51:17-05:00September 29th, 2021|Advocacy, Fund Management|1 Comment

Update 10-28-2021: We have been notified by our contacts on Capitol Hill that sections 138312 and 138314 have been removed from the new draft of the bill. He expressed surprise that they had been removed so quickly as they were viewed as "non-tax-increase payfors" that would help cover the bill's spend. While it is [...]

By |2025-03-24T08:51:17-05:00September 29th, 2021|Advocacy, Fund Management|1 Comment

Institutional Investors vs. Internal Funds

By |2025-03-24T08:51:17-05:00September 13th, 2021|Featured, Fund Management, Strategy|0 Comments

Understand your options for diversifying capital as your lending business grows. In the private lending space, businesses are built on a foundation of strong relationships. Your borrowers will hopefully be clients for years or even decades. Before you became a full-time private lender, you may have already been lending to these folks for years out [...]

By |2025-03-24T08:51:17-05:00September 13th, 2021|Featured, Fund Management, Strategy|0 Comments

The Benefits of Outsourced Fund Administration

By |2025-03-24T08:51:18-05:00August 3rd, 2021|Featured, Fund Management, Operations|0 Comments

Hiring a knowledgeable fund administrator can help relieve you from non-core, operational back-office functions and enhance your business A growing trend among investment fund managers is to outsource back-office accounting and administration. Outsourcing allows fund managers to focus on deal making and securing capital while an independent third party manages regulatory compliance, risk mitigation, and [...]

By |2025-03-24T08:51:18-05:00August 3rd, 2021|Featured, Fund Management, Operations|0 Comments

A CRITICAL LOOK AT ALTERNATIVE FUND STRUCTURES

By |2025-03-24T08:51:18-05:00June 8th, 2021|Featured, Fund Management, Strategy|0 Comments

In “An Insider’s View of Fund Management,” an article in the Winter 2021 issue of Private Lender, we intentionally left readers hanging about why Nexus Private Capital didn’t follow conventional wisdom when it came to choosing a structure for its fund. This article picks up where the prior one left off. It explains why you [...]

By |2025-03-24T08:51:18-05:00June 8th, 2021|Featured, Fund Management, Strategy|0 Comments

UBTI and Mortgage Debt Funds

By |2025-03-24T08:51:19-05:00May 24th, 2021|Featured, Fund Management, Strategy|0 Comments

Make sure you understand the laws and tax consequences surrounding UBTIs. Unrelated Business Taxable Income (UBTI) is income that is regularly generated by a tax-exempt entity by means of taxable activities. This income is not related to the main function of the entity, and it prevents or limits tax-exempt entities from engaging in businesses that [...]

By |2025-03-24T08:51:19-05:00May 24th, 2021|Featured, Fund Management, Strategy|0 Comments

An Insider’s View of Fund Management

By |2025-03-24T08:51:19-05:00January 20th, 2021|Fund Management, Strategy|1 Comment

Here’s an overview of what you need to know if you plan to launch your own fund—or if you’re just curious about how funds work. This is the first in a short series of articles about the practical aspects of fund management. There’s a lot to cover, but the goal is to give you a [...]

By |2025-03-24T08:51:19-05:00January 20th, 2021|Fund Management, Strategy|1 Comment

New Member Discount: Fund Administration with High Divide Management

By |2025-03-24T08:51:20-05:00January 19th, 2021|Fund Management, News|0 Comments

High Divide Management is the American Association of Private Lender's newest Member Discount partner, providing boutique fund administration and accounting services to direct lenders. The company's founder launched the business after seeing firsthand how underserved the industry was while managing the finance team for a group of direct lending funds with ~1B in assets under [...]

By |2025-03-24T08:51:20-05:00January 19th, 2021|Fund Management, News|0 Comments

Mythbusting for Private Lenders: Securities Edition

By |2025-03-24T08:51:24-05:00December 10th, 2020|Fund Management, Legal|0 Comments

Are you a private lender? Nonconventional lender? Mortgage broker? It’s essential for you, as a private lender, to remember that if you are raising capital from investors, you are selling securities, and you need to consider local and/or federal securities regulations. There are many misconceptions and myths in the private lending industry when it comes [...]

By |2025-03-24T08:51:24-05:00December 10th, 2020|Fund Management, Legal|0 Comments

American Association of Private Lenders and Geraci LLP’s comments cited in SEC’s final ruling to amend “Accredited Investor” definition

By |2025-03-24T08:51:28-05:00August 28th, 2020|Advocacy, Featured, Fund Management, News|0 Comments

More than a year after proposing an expansion to its definition of “accredited investor,” the Securities and Exchange Commission (SEC) has published its final ruling on the matter. This represents the first meaningful modification of the definition since its inception in 1982, when it was created in an effort to govern the sale of unregistered [...]

By |2025-03-24T08:51:28-05:00August 28th, 2020|Advocacy, Featured, Fund Management, News|0 Comments

Reminders for REITs on Prohibited Transactions

By |2025-03-24T08:51:25-05:00July 21st, 2020|Featured, Fund Management, Strategy|0 Comments

Be diligent about the impact of loan modifications and foreclosures during the coronavirus pandemic. The passage of the Tax Cuts and Jobs Act led to an increase in the number of private lending funds converting to mortgage REITs over the past two years. Fund managers made the conversion decision by carefully weighing whether the tax [...]

By |2025-03-24T08:51:25-05:00July 21st, 2020|Featured, Fund Management, Strategy|0 Comments

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