Proskauer

Matt Kerfoot is a Partner in Proskauer’s Global Finance practice, advising global investment managers and financial institutions on some of their most complex and strategically important transactions across the fund finance industry.  Matt has held senior leadership positions in banking and law throughout his career, and his return from banking to private practice at Proskauer was featured in The Wall Street Journal in connection with the Firm’s continued expansion in fund finance.

Matt is the founder and Chair of the PLI Fund Finance Conference and a recognized voice on market structure and trends. He is regularly sought out by The Wall Street Journal, Financial Times and Bloomberg for his views on developments shaping the fund finance landscape.

Matt has represented clients such as Antares, Apollo, Ares, Blackstone, Blue Owl, Goldman Sachs, HPS, Morgan Stanley and UBS on a wide variety of fund finance transactions, including single fund and secondaries NAV facilities, preferred equity fund financings, hybrid capital financings, back-leverage solutions, collateralized fund obligations, rated note issuances and private credit portfolio financings.

Matt’s notable representations include: 

• A leading global alternative investment manager, as lead lender, in the largest-ever collateralized fund obligation at execution.
• A global alternative asset manager, as lead lender, in its first-ever GP-led collateralized fund obligation.
• A global credit manager, as lender, in its first-ever single fund NAV financing.
• A private credit manager in its first-ever single fund NAV facility structured as a preferred equity financing.
• A leading asset management firm, as lender, in its first-ever preferred equity financing for a GP-led collateralized fund obligation.
• A US-based alternative credit manager, as lender, in its first-ever single fund NAV facility.
• A global investment manager, as lender, in a $2.5 billion private investment-grade rated single fund NAV financing.
• An alternative investment manager in multiple hybrid capital investments across various secondaries collateralized fund obligations. 
• A leading alternative credit manager, as lender, in a $1.1 billion GP financing for a global private equity buy-out sponsor.
• A global private credit platform in multiple single fund NAV facilities structured as preferred equity hybrid capital solutions.

Prior to joining Proskauer, Matt was a Managing Director in Credit & Structured Financing at Société Générale, and also a senior banker in the Fund Finance division at UBS. His combined experience as both a senior banker and leading legal advisor provides him with a uniquely commercial and execution-focused perspective. He began his career in private practice at leading international law firms.