With great sadness, we mourn the passing of our longtime Washington DC partner Bob Bloch.

The Hong Kong Stock Exchange has published a consultation paper seeking market feedback on proposed listing reforms to the GEM.

For the past several years, collateralized fund obligations ("CFOs") have been quietly gaining traction while keeping a relatively low profile—until recently. With their enhanced flexibility, available credit ratings, and customizable terms, CFOs have become increasingly attractive to investors, funds, and portfolio companies as a structured alternative investment vehicle allowing a specific risk/reward choice for the related underlying fund exposures.