NAV Lender News

Private equity managers are increasingly turning to NAV finance as a source of alternative liquidity in challenging markets. This once-niche solution, which has grown significantly in recent years, allows managers to unlock capital while maintaining portfolio valuations. An analysis discusses the expanding role of NAV finance and how firms like 17Capital and Oaktree Capital Management, L.P. are helping accelerate the sector’s growth. Michael Janiszewski | Alter Domus https://lnkd.in/eDymjS8T #NAVLending #NAVLoans #FundFinance #PrivateDebt

MUFG Investor Services' Managing Director of Fund Finance, Alex Griffiths, joins Walkers on the latest episode of 'We Talk Banking & Finance' to discuss trends in the fund finance market. Topics include the shift away from sub-lines and the latest market developments amid economic and political uncertainty. Julia Keppe and Alex Wickens | Walkers https://lnkd.in/epx9iBeh #FundFinance #FundFinancing #FundFinancer

The APAC fund finance landscape continues to evolve with innovative liquidity solutions. Continuation funds offer exits by selling assets to new buyer vehicles, while NAV financing provides collateral-based liquidity to support portfolio growth without forced exits. The report highlights the rising popularity of NAV financing in APAC amidst operational challenges like asset valuation and security enforcement. Danielle Roman and Pui Yee Lai | Mourant #NAVLending #NAVLoans #FundFinance #PrivateDebt

Investec expands its Fund Solutions team in the US, hiring Sharon Thandi and Matt Wilbur to support growing demand for private equity fund finance. The expansion is part of Investec’s strategy to strengthen its global presence, partnering with Ares Management Corporation to enhance its subscription facilities lending capacity. Jon Whiteaker | The Drawdown https://lnkd.in/e8VTn6ym #FundFinance #FundFinancing #FundFinancer

Goldman Sachs closed a landmark US$475 million capital call securitisation, raising key questions about the crossover of structured finance into fund finance. This innovative structure in the fund finance space might drive more liquidity supply for fund sponsors and institutional investors. Matthew Stocker, Barnabas Finnigan, Derek Stenson, Anna-Lise Wisdom, and Nick Ward | Conyers https://lnkd.in/eAdZdQe6 #FundFinance #FundFinancing #FundFinancer

Fund finance helps private equity funds, real estate funds, and other investment funds manage liquidity by utilizing financial instruments such as subscription lines, NAV loans, and hybrid facilities. These tools provide fund managers with greater speed, flexibility, and efficiency when exploring new investment opportunities and managing capital. Trendy Insights https://lnkd.in/eJJdQ2Xm #FundFinance #FundFinancing #FundFinancer

Clarion Partners Europe has secured a €240 million NAV facility from NatWest, marking their first collaboration. The funding will support Clarion's green initiatives, including asset refinancing and the acquisition of energy-efficient properties. Exciting developments on the sustainability front with NatWest backing the decarbonisation efforts of mission-critical assets. Clarion Partners LLC #NAVLending #NAVLoans #FundFinance #PrivateDebt

KBRA hosted a webinar on the performance and future potential of NAV loans within the context of private equity. The session focused on drivers of growth, NAV loans' application in secondaries vs. PE funds, and KBRA’s insights into issuance trends. KBRA https://lnkd.in/eWJzDdwJ #NAVLending #NAVLoans #FundFinance #PrivateDebt

Brookfield Credit has made a significant move by investing $1bn in 17Capital’s private credit strategies. 17Capital has also announced deploying approximately $3bn across 16 investments in the past year, as NAV finance demand grows. Kathryn Gaw | Alternative Credit Investor https://lnkd.in/eYcRrn5u #NAVLending #NAVLoans #FundFinance #PrivateDebt

An insightful article analyzes the key considerations for credit funds when operating as borrowers under NAV facilities, examining security structures, liquidity optimizations, and important due diligence factors for lenders. The intricate interplay between NAV funding and credit fund portfolios presents unique opportunities and challenges for long-term leverage strategies. James Tinworth, Emily Fuller and Jennifer Passagne | AIMA - The Alternative Investment Management Association https://lnkd.in/gvNYCnY4 #NAVLending #NAVLoans #FundFinance #PrivateDebt