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Articles by Eric Zeng
LP-Led CFOs: Their Rise And Key Considerations
A collateralized fund obligation, or CFO, is a securitization vehicle that raises rated debt and unrated equity to finance a portfolio of fund interests and related assets, most commonly limited partnership (“LP”) interests in private equity, credit, secondaries, and other closed-end or evergreen funds.
LP-Led CFOs: Their Rise and Key Considerations
I. Introduction A collateralized fund obligation, or CFO, is a securitization vehicle that raises rated debt and unrated equity to finance a portfolio of fund interests and related assets, most commonly limited partnership (“LP”) interests in private equity, credit, secondaries, and other closed-end or evergreen funds.
CFO Market Update 2026: The Room Where It Happens OnPoint Mon Jul 27 2026 Collateralized Fund Obligations (“CFOs”) are clearly having a moment. Or, to borrow from Hamilton: “It’s not a moment, it's a movement.”
John Timperio’s articles from Dechert are most popular: with readers working within the Retail & Leisure industries Dechert are most popular: within Insurance topic(s) Collateralized Fund Obligations (CFOs) are having a moment. Or, to borrow from Hamilton: “It’s not a moment, it's a movement.”1 CFOs first emerged in the early 2000s before the financial crisis brought the capital markets (including CFOs) to a standstill.
CFO Market Update 2026: The Room Where It Happens
I. Executive Summary Collateralized Fund Obligations (CFOs) are having a moment. Or, to borrow from Hamilton: “It’s not a moment, it's a movement.”1 CFOs first emerged in the early 2000s before the financial crisis brought the capital markets (including CFOs) to a standstill.
Sam Darnold’s unlikely path to Super Bowl Champion
With the Seattle Seahawks’ victory over the New England Patriots in Super Bowl LX, Seahawks QB Sam Darnold has reached the summit of professional football. However, his climb has been anything but smooth. Darnold’s career shows that the combination of perseverance, dedication and the right support can completely warp one’s trajectory. Darnold was drafted third overall by the New York Jets in 2018.
Collateralised Fund Obligations - GLI Pink Book 2026
Dechert are most popular: within Real Estate and Construction, Consumer Protection and Antitrust/Competition Law topic(s) Over the past few years, collateralised fund obligations ("CFOs") have become increasingly popular for financing equity interests in private funds and other assets, offering an alternative liquidity solution to traditional portfolio secondary sales.
2025 college football season recap
With the conclusion of the 2025 college football season, here are some notable storylines from this past year. Indiana wins first national championship in program history The top ranked Indiana Hoosiers defeated the Miami Hurricanes 27-21 last Monday, capping off a fitting end to a storybook season and arguably the greatest turnaround in college football history. While Indiana steamrolled its first two opponents in the College Football Playoff, the Hurricanes proved to be a more formidable foe.
A sweetness that lasts
I don’t remember when exactly I wanted to learn how to make food, but I do remember why (other than the fact that I thought it was a useful skill and more economical). I liked eating tasty food, so trying to make it was the natural progression in my mind. My journey began with cooking. Over time, cooking has developed into a very fluid activity for me.
Indiana's rapid ascent and its impact across college football
If one were to look up the definition of a traditional college football powerhouse, the Indiana Hoosiers would likely be the antithesis of that. Over the 127 seasons that Indiana has played, they have won only two conference titles, finished ranked in the final AP poll 7 times and won at least 10 games in a season once (last year).
Stanley Cup Playoffs round 1 check-in
Following a tight end-of-season race for the last wild card spots, the 2025 Stanley Cup Playoffs have started off strong, with multiple overtime winners, dominant performances and thrilling last-minute finishes. Compared to other major league sports, the format of the NHL playoffs is the most similar to the NBA playoffs’ pre-implementation of the play-in. However, there are some notable differences, the most significant of which is the seeding.
EU files antitrust charges against Google: here’s how the ad tech at the heart of the case works
The European Union filed an antitrust case against Google on 14 June 2023, charging that the company abused its power in the online advertising market to disadvantage its competition. The US Department of Justice filed a similar civil antitrust suit against Google on 24 January 2023. The online ad ecosystem is largely built around ‘programmatic advertising’, a system for placing advertisements from millions of advertisers on millions of websites.
The EU’s antitrust charges against Google, explained
The European Union filed an antitrust case against Google on June 14, 2023, charging that the company abused its power in the online advertising market to disadvantage its competition. The U.S. Department of Justice filed a similar civil antitrust suit against Google on Jan. 24, 2023. The online ad ecosystem is largely built around “programmatic advertising,” a system for placing advertisements from millions of advertisers on millions of websites.
The EU's antitrust charges against Google, explained
By Eric Zeng—The Conversation5 minute Read The European Union filed an antitrust case against Google on June 14, 2023, charging that the company abused its power in the online advertising market to disadvantage its competition. The U.S. Department of Justice filed a similar civil antitrust suit against Google on Jan. 24, 2023. The online ad ecosystem is largely built around “programmatic advertising,” a system for placing advertisements from millions of advertisers on millions of websites.
EU files antitrust charges against Google - here's how the ad tech at the heart of the case works
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EU files antitrust charges against Google - here's how the ad tech at the heart of the case works
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EU files antitrust charges against Google - here's how the ad tech at the heart of the case works
Eric Zeng, Carnegie Mellon University June 14, 2023 (The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) Eric Zeng, Carnegie Mellon University (THE CONVERSATION) The European Union filed an antitrust case against Google on June 14, 2023, charging that the company abused its power in the online advertising market to disadvantage its competition. The U.S. Department of Justice filed a similar civil antitrust suit against Google on Jan.
Why 'bad' ads appear on 'good' websites - a computer scientist explains
Sketchy ads, like those for miracle weight loss pills and suspicious-looking software, sometimes appear on legitimate, well-regarded websites. It turns out that most websites don’t actually decide who gets to show ads to their viewers. Instead, most sites outsource this task to a complex network of advertising tech companies that do the work of figuring out which ads are shown to each particular person.
THE CONVERSATION: Why ‘bad’ ads appear on ‘good’ websites – a computer scientist explains
THE CONVERSATION Sketchy ads, like those for miracle weight loss pills and suspicious-looking software, sometimes appear on legitimate, well-regarded websites. It turns out that most websites don’t actually decide who gets to show ads to their viewers. Instead, most sites outsource this task to a complex network of advertising tech companies that do the work of figuring out which ads are shown to each particular person.
A computer scientist explains why ‘bad’ ads appear on ‘good’ websites
By Eric Zeng 5 minute Read Sketchy ads, like those for miracle weight loss pills and suspicious-looking software, sometimes appear on legitimate, well-regarded websites. It turns out that most websites don’t actually decide who gets to show ads to their viewers. Instead, most sites outsource this task to a complex network of advertising tech companies that do the work of figuring out which ads are shown to each particular person.
Why ‘bad’ ads appear on ‘good’ websites - a computer scientist explains
Sketchy ads, like those for miracle weight loss pills and suspicious-looking software, sometimes appear on legitimate, well-regarded websites. It turns out that most websites don’t actually decide who gets to show ads to their viewers. Instead, most sites outsource this task to a complex network of advertising tech companies that do the work of figuring out which ads are shown to each particular person.
Good websites, sketchy ads: Computer scientist explains how scams are marketed online Original
Representational Image | Pixabay Sketchy ads, like those for miracle weight loss pills and suspicious-looking software, sometimes appear on legitimate, well-regarded websites. It turns out that most websites don’t actually decide who gets to show ads to their viewers. Instead, most sites outsource this task to a complex network of advertising tech companies that do the work of figuring out which ads are shown to each particular person.
Why 'bad' ads appear on 'good' websites
(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) (THE CONVERSATION) Sketchy ads, like those for miracle weight loss pills and suspicious-looking software, sometimes appear on legitimate, well-regarded websites. It turns out that most websites don't actually decide who gets to show ads to their viewers.
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