Introduction

The novel coronavirus (“Covid-19”) pandemic has caused significant disruption to the global economy, and the asset management industry is no exception. This is above all a human and social crisis, necessitating some significant changes in the way everyone goes about their daily lives. As efforts are underway to manage the spread, the impact to businesses and economies, while still indeterminable in the long term, has become increasingly significant.

This note highlights some important considerations and provides practical guidance to assist private fund managers, investors and their respective legal teams in tackling the challenges presented by Covid-19. Managers will be largely focussed on supporting their portfolio companies through this crisis, and you can find a separate note on what sponsors can do in this regard here.

These notes supplement the wide array of Linklaters’ Covid-19 related resources which can be accessed here (including the US version of this note which you can access directly here). If you have questions relating to your matters or how to mitigate the impact of Covid-19 on your business, either in the UK, Europe or globally, please let us know – we are here to help.