Generally speaking, traditional lenders (e.g. banks and large financial institutions) have tended to use side letters to reflect specific internal policy points, whereas private credit funds have – in ...

Side letters have long been in use in the private equity market, helping to interpret, supplement, modify and establish the terms contained in fund agreements and related documents. A notable ...

Side letters have gone through a massive and largely unspoken transition over the last four to five years. From a position where a few investors in a closing might have quite short side letters ...

letters to ensure they have a clear understanding of their investment situation. What SEC regulations pertain to side letters? There are no SEC regulations that specifically pertain to side letters.