Overview
Jennifer Tedjeske is a partner and member of Chapman’s Banking and Financial Services Department and serves as the Co-Practice Group Leader of the Commercial Lending Group. With more than 20 years of experience, Jennifer is a trusted advisor to major US and foreign banks, providing strategic counsel on a broad range of fund finance transactions.
Jennifer brings deep experience across fund finance structures, advising on subscription credit facilities, GP facilities, GP partner loan programs, and management company lines of credit. She also regularly advises financial institutions on providing fund-level leverage solutions to private equity, real estate, and credit funds through NAV credit facilities, note-on-note transactions, and repurchase facilities. She has advised on transactions ranging from bespoke bilateral facilities for emerging managers to multibillion-dollar syndicated structures with complex cross-border, hybrid, and multicurrency components.
Outside her practice, Jennifer is committed to community engagement and serves on the Board of Directors of Association House of Chicago.
Representative Matters
- Represented the agent in a $150 million capital call facility to co-borrowers, including a real estate fund and a REIT, secured through a multi-tier cascading pledge structure.
- Represented the lender in a bi-lateral $25 million subscription credit facility to a debt fund secured by capital commitments from a single managed account.
- Represented the agent and arranger in a $150 million syndicated management company line to a fund manager secured by multiple fee streams from affiliated fund entities.
- Represented the agent and arranger in a $2.9 billion syndicated subscription credit facility, with an accordion of up to $4 billion, to a flagship private equity fund organized in Delaware, with parallel funds organized in the Cayman Islands and Luxembourg.
- Represented a foreign lender in a $250 million subscription credit facility to a fund making infrastructure co-investments.
- Represented the sole lender providing a $98 million subscription credit facility to a continuation fund for the financing of the purchase price for the transferred assets.
Served as special US counsel in a cross-border subscription credit facility to a UK organized private equity fund with US based investors and collateral accounts. - Represented the agent and arranger in a $3.1 billion syndicated capital call line to a flagship fund with multicurrency availability.
- Represented the lender in a $200 million umbrella subscription line that includes an uncommitted tranche and an intercreditor arrangement with a NAV lender in the capital structure.
- Represented the participant lender in a $2.3 billion umbrella credit facility with multiple fund groups.
- Represented the lender in a bi-lateral $35 million hybrid credit facility to late-stage fund secured by distributions from investments and the investor’s capital commitments.
- Represented the agent in a $500 million uncommitted capital call line to a private equity sponsor’s flagship fund that includes an accordion of up to $1.4 billion.
- Represented a single lender in a $125 million capital call facility to private credit fund secured by collateral from multiple rated note feeder funds.
- Represented the agent in a $50 million financing to a joint venture secured by the capital contribution obligations of a joint venture partner.
- Representation of sole lender in a $20 million NAV facility secured by the distributions from the fund’s investments.
- Represented the lender in management company line with availability of up to $150 million that is secured by management and other income streams from affiliated entities.
- Represented a lender providing a secured loan program to a private equity sponsor’s US and offshore based employees to bridge the employees’ capital contribution obligations to general partners of private equity and debt funds.
- Represented a lender providing bridge financing for a sponsor’s investment in a rated note feeder.
- Represented a cross-border technology focused multi-fund complex in a $125 million hybrid subscription credit facility and NAV facility.
- Represented a middle market buyout focused multi-fund complex in a $215 million subscription credit facility.
- Represented a small business investment company fund in a $30 million subscription credit facility.
- Represented a credit focused multi-fund complex in a $175 million subscription credit facility.
- Represented an emerging markets-focused multi-fund complex in a $70 million subscription credit facility.
- Represented a special situations-focused multi-fund complex in a $105 million subscription credit facility.
- Represented a secondaries-focused multi-fund complex in a $540 million syndicated subscription facility.
- Represented a special situations-focused multi-fund complex in a $175 million syndicated NAV facility.
Practice Focus
Admitted
Illinois, 2000
Education
Ohio Northern University Pettit College of Law, J.D., 1998
Westminster College, B.A., 1995
