In the 73rd issue of Travers Smith's Alternative Insights, we are looking at subscription line financing and the emerging role of rating agencies. Links: An analysis by Blackrock ILPA's guidelines issued in 2017In 2022, Citi was reported to have scaled back its lending by over two-thirdsRating agencies (GLI Fund Finance 2024 - Rated subscription lines: An emerging solution tot he liquidity crunch | Travers Smith) We launched a new podcast series in February: Sustainability Insights … in conversation. In the first edition, Simon Witney discussed topical issues – including the global ESG landscape and responsible AI – with Cornelia Gomez, Global Head of ESG at General Atlantic.  Listen to the podcast here, and sign up here if you want the second edition to land in your inbox.