Maurene

Bond Trustee Definition.

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A bond trustee is an entity that holds legal title to a bond issue and is responsible for safeguarding the interests of bondholders. The trustee’s primary duty is to ensure that bondholders receive timely interest payments and that the proceeds from the sale of the bonds are used to finance the project or purpose for … Read more

Understanding a Distribution Waterfall.

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If you are looking at a distribution waterfall for a private equity or venture capital fund, there are a few key things to understand. First, the waterfall typically starts with a return of capital to the limited partners (LPs) or investors. This is the money that they originally invested, plus any accumulated profits. Once the … Read more