FFP - Key Persons


Anastasia N. Kaup - Managing Director

Job Titles:
  • Managing Director
  • Partner
Anastasia N. Kaup has represented asset managers, fund sponsors, investment funds, bank and non-bank lenders, and other parties in financing and investment transactions across the private equity, private credit, real estate, hedge fund, venture capital, and distressed investment spaces. Ms. Kaup structures, negotiates, and documents complex financing transactions domestically and internationally at all levels of the organizational structure. Prior to joining FFP, Ms. Kaup most recently led the fund finance practice group at an AmLaw 100 law firm where she represented alternative asset managers, sponsor-backed companies, and lenders to such entities, in a wide array of financing and investment transactions. Anastasia's extensive fund financing expertise spans subscription and NAV-based credit facilities, partner loan programs, management fee lines of credit, and portfolio company financings. She has also advised both emerging and established financial sponsors in connection with all aspects of product development and capital formation in various formats, benefitting institutional, high- (and ultra-high-net-worth) and sovereign wealth investors. Anastasia's advice to clients on the entire range of strategic and capital-related needs, throughout economic cycles has always been practical and commercial, as well as legal. Anastasia is consistently recognized for both her professional expertise and community contributions. She is a trailblazer in LGBTQ+ community advocacy, volunteer work, and education initiatives, including as a leader for Out in Finance and Lambda Legal. She was recognized as one of the "Best LGBTQ+ Lawyers Under 40" and has been lauded as a "rising star" by clients and industry publications. Additionally, she served on the Board of Directors of New York's largest civil rights and advocacy non-profit organization. Currently, Anastasia serves as Co-Chair of the Fund Finance Association's Diversity in Fund Finance initiative. She also actively participates in various professional organizations serving the Hispanic/Latinx community, women, and individuals in need. Anastasia is also an Adjunct Professor of Law at Northwestern University Pritzker School of Law. For nearly two decades, Anastasia Kaup has represented alternative asset managers, sponsor-backed companies, and lenders to such entities, in a wide array of financing and investment transactions. Prior to joining FFP, Ms. Kaup most recently led the fund finance practice at an AmLaw 100 law firm.

Julie McAlinden

Job Titles:
  • Associate
Julie has over a decade of experience in business strategy and operations across industries including private equity, professional services, finance and banking. She previously supported the debt and structured finance practices at one of the world's largest global law firms. She supports FFP client engagements and works alongside the FFP team in all daily activities. Julie earned a M.B.A. from the Gabelli School of Business at Fordham University and a B.A. from Rutgers University.

Richard Wheelahan, III - Founder

Job Titles:
  • Co - Founder
For over 15 years, Richard has been advising fund sponsors and lenders, in both an advisory and principal capacity. Prior to co-founding FFP, Richard was the General Counsel, Chief Compliance Officer and a Director of a $3 billion asset manager investing debt and equity in lower middle-market companies. During his ten-year tenure, Richard executed numerous capital markets initiatives on behalf of the firm's investment vehicles and oversaw fund formation activity, developing comingled funds, SMA concepts, a NASDAQ-listed BDC, and joint ventures.

Trey Burdick

Job Titles:
  • Senior Associate
As an associate, Trey works with FFP's clients to structure and execute all types of fund and asset manager financing transactions. Trey has over 5 years of principal investing experience, both for private equity and private credit funds. Prior to joining FFP, Trey was a private credit investment professional at a $3 billion alternative asset manager investing in lower middle-market companies across a range of industries. Trey began his career at Lead Capital Partners, a private equity firm investing in healthcare companies in the lower middle-market. Trey's asset management experience includes deal execution, portfolio management and investor relations.

Zac Barnett - Founder

Job Titles:
  • Co - Founder
Zac is considered a pioneer of the fund finance industry with more than two decades of experience as an attorney and advisor. He has represented investment banks and fund sponsors on some of the largest, most complex fund financings ever consummated, earning him annual recognition in Chambers, Private Equity International and Private Debt Investor. His broad range of experience in connection with loans to various real estate, private equity, secondaries, private credit, energy, infrastructure and hedge funds provides FFP with the knowledge necessary to guide fund sponsors through the process of securing the optimal fund financing solution. His deep understanding of fund formats has led to the development of creative fund finance structures including hybrid, NAV structures and preferred equity facilities, private placements, open-end fund lending structures and several different variations of fund aftercare facilities. As the Global Head of Mayer Brown's Fund Finance practice and Co-Head of their Global Lending practice, Zac led over 500 fund financings including 350 individual subscription-backed credit facilities. Zac also co-founded the Annual Fund Finance Symposium, now administered by the Fund Finance Association. Zac maintains a high-profile presence in the private equity and fund finance spheres. He is the pre-eminent writer in the space having authored more than 50 articles on various topics relating to the laws, regulations, and structures impacting the fund finance universe. He regularly moderates and sits on industry panels; his work has been cited in a number of prominent publications, from the Los Angeles Times to Bloomberg.