Feb 04 2021
The next innovation in financing for private equity
This article explains how non-dilutive, highly flexible NAV-based credit can be used for a multitude…
May 04 2020
Portfolio finance – capital advanced based on the value of a fund’s portfolio has grown rapidly in the years since the global financial crisis. While this trend has strengthened in benign times, it could well be that in today’s more crisis-driven market when demand for capital and liquidity are high, the market really comes into its own.
Feb 21 2020
Growth in fund finance has overwhelmingly stemmed from subscription lines of credit to fund LP commitments during the first five years of a fund’s life. Pierre-Antoine de Selancy of 17Capital discusses what finance is available after the investment period.
Feb 16 2021
As part of the BVCA Alternative Fund Strategies Conference Owen James and Pierre Garnier of 17Capital discuss NAV-based portfolio finance, including who uses it and why. They outline the two key products of preferred equity and NAV-based loans, both of which are part of a fast-growing trend towards greater active management of funds and portfolios across the private equity landscape.
Jul 02 2019
Listen to our Managing Partner Augustin Duhamel and Adam Lee the News Editor for PEI Media’s private equity publications in a 26 minute Podcast: Everything you wanted to know about preferred equity.