Data intelligence

LMA Fund Finance Intelligence Survey in collaboration with the Drawdown in January 2025

Fund finance has grown significantly in recent years – not only in scale but also in sophistication and diversity. Yet, it remains an often misunderstood and mischaracterised segment of the financial markets. Given its increasing importance to the success of private markets, it is essential to address misconceptions and foster greater transparency around the size, structure, and emerging characteristics of the fund finance market.

To support this goal, we launched the Fund Finance Intelligence Survey, in collaboration with The Drawdown, in 2025 to promote greater transparency in the market. The anonymous, aggregated responses from borrowers, lenders and advisers provide a valuable dataset that offers meaningful insights into market dynamics, growth trends and key challenges.

A huge thank you to our valued members who took the time to respond to the survey and provide us with such insightful contributions.

2025 LMA Fund Finance Intelligence Survey in collaboration with the Drawdown