Our offerings
NAV-based non-dilutive source of capital
Liquidity and growth finance
NAV finance enables management companies, funds and institutional investors to optimise their portfolios and achieve the best performance for their investors.
We are the leading provider of NAV finance, also known as portfolio finance, for top-tier private equity investors.
Partnering with high quality managers to support their ambition, growth and performance objectives. Delivering an efficient process and certainty of execution, all our transactions are structured to align GP and LP interests to achieve a positive outcome for all parties and build long-term relationships, we are currently investing from our 17Capital Fund 5 which closed at its hard cap of $2.9 billion.
Increase capital
- Increase investment capacity
- Support portfolio / asset growth
- Max and retain value creation
Accelerate liquidity
- Generate cash without selling
- Hold assets, retain value
- Optimise performance
A selection of our transactions
Management Company
Financing to GP team for balance sheet optimisation
US buyout manager
United States
$220mManagement Company
Growth capital for GP to build its platform, seed new strategies and increase commitments
US buyout manager
United States
$80mFund Investor
Financing to support an investor's fund commitments and co-investments
US investment manager
United States
$165mFund Investor
Financing an LPs increased commitment to new funds
Investor in European buyout funds
Europe
€250mFund Investor
Financing for a teams' commitment to their latest private equity fund
Investor in European buyout funds
Europe
€140mFund Portfolio
Financing to two PE funds for opportunistic add-ons and growth opportunities
US buyout & growth manager
United States
$75mFund Portfolio
Accelerating liquidity for LPs and creating recallable fund capital
European buyout manager
Europe
€300mFund Portfolio
Financing to a PE fund for opportunistic add-ons
UK buyout manager
Europe
£125mFund Portfolio
Financing for debt buy back at portfolio level and funding growth opportunities
US buyout manager
United States
$100mFund Portfolio
Accelerating liquidity for fund Lps
European buyout manager
Europe
€275mFund Portfolio
Directly financing separate portfolio companies, with fund-level repayment mechanism
Global buyout & growth manager
Asia
€68mFund Portfolio
Financing to a private quity fund to bridge an equity capital increase in portfolio company
European buyout manager
Europe
€100mFund Portfolio
Increase capacity for follow-on investments
European buyout manager
Europe
€517mFund Portfolio
Financing an LPs increased commitment to new funds
European Fund Portfolio
Europe
€260m
Our Investment team
Amélie Eastwood
Investment Associate
Amélie joined 17Capital in 2021 from Investec and has a degree in Physics from the University of Oxford.
Greg Hardiman
Investment Director
Greg joined 17Capital in 2019 and previously held roles at Man Group and Conning. Greg studied at Villanova University and Columbia Business School and is a CFA charterholder.
Tom Edwards
Investment Associate
Tom joined 17Capial in 2019 from Numis Securities. Tom previously interned at 17Capital in 2017 and studied at the University of Exeter.
Federica Bogoni
Senior Investment Associate
Federica joined 17Capital in 2019 from Deutsche Bank. Federica studied at Georgetown University’s McDonough School of Business.
Stephen Quinn
Co-Head of Credit
Stephen joined 17Capital in 2019 from Lloyds Banking Group and has worked with private equity managers for almost 20 years. Stephen studied at the University of Ulster.
Emad Shahin
Partner & General Counsel
Emad joined 17Capital in 2019 from J.P. Morgan and was previously at Nomura. Emad studied at Flinders University of South Australia.
David Wilson
Partner
David joined 17Capital in 2019 from J.P. Morgan, having previously held positions at Lehman Brothers and Ernst & Young. David studied at Leeds University and the London Business School.
Roxane d' Alès
Investment Associate
Roxane joined 17Capital in 2018 after graduating from HEC Paris and CEMS (Tsinghua SEM).
Pierre Garnier
Investment Director
Pierre joined 17Capital in 2018 from Lazard Investment Banking, he previously held positions at Pantheon and AXA Private Equity (Ardian). Pierre studied at the ESSEC Business School & EPF Graduate School of Engineering, Paris as well as at the London School of Economics.
Christopher Hirschman
Vice President
Christopher joined 17Capital in 2018 from Bank of America Merrill Lynch. Christopher studied at the University of Durham.
Justinas Tuminauskas
Vice President
Justinas joined 17Capital in 2017 from the Financial Sponsors Group at Barclays. Justinas studied at the Rotterdam School of Management and the University of Exeter.
Jeffrey Emmerling
Investment Vice President
Jeffrey joined 17Capital in 2016 from Landmark Partners, New York. Jeffrey studied at the Bentley University, Massachusetts.
Nicolò Colombo
Investment Director
Nicolò joined 17Capital in 2015 from Adams Street Partners and was previously at Credit Suisse. Nicolò studied at the Bocconi University, Milan and the London School of Economics.
Fokke Lucas
Partner
Fokke joined 17Capital in 2012 from Lehman Brothers and was previously at Neovara LLP. Fokke studied at ESCP Europe, Paris.
Owen James
Managing Director
Owen joined 17Capital in 2015. Owen previously held positions at PWC, Bank of Scotland & SVG Advisers. Owen studied at the University of Durham.
Robert de Corainville
Managing Partner
Robert joined 17Capital in 2010 from Merrill Lynch and was previously at Lloyds Banking Group. Robert studied at HEC Paris and The University of Edinburgh.
Augustin Duhamel
Managing Partner
Augustin founded 17Capital in 2008, he previously held positions at Deloitte, Duhamel Fine Art, ATKearney & Paribas. Augustin studied at ESCP Europe, Paris IX Dauphine.
Pierre-Antoine de Selancy
Managing Partner
Pierre–Antoine founded 17Capital in 2008, he previously held positions at Idinvest Partners, Fondinvest Capital, Coller Capital, Setup Informatique and PAI Partners. Pierre-Antoine studied at EM Lyon ESLSCA.
Investment Insights
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Read nowFeb 04 202217Capital completes c.$1bn in management company financings
To support the strategic objectives of U.S. based managers in 2H 2021 In the second half of 2021, 17Capital partnered with five top-tier, US-based private equity firms to address a range of strategic objectives in relation to franchise growth and ownership transition. These partnerships represent nearly $1 billion in completed transaction volume and illustrate the growing demand from private equity managers for non-dilutive solutions at the team and management company levels. 17Capital invested with managers across the size and maturity spectrum, from a growing specialist firm with $3 billion AUM to a multi-strategy platform with more than $75 billion AUM. Transaction proceeds spanned a wide range of applications, including augmenting team commitments to a manager’s own funds, seeding new strategies, repurchasing equity in the management company from external investors, and helping the next generation of leadership acquire direct ownership in the manager. In all cases, 17Capital’s investment helped strengthen alignment between the private equity managers and their fund investors. Stephen Swentzel, Managing Director at 17Capital, said: "We are excited to partner with top-tier private equity managers to support their success, ambition, and growth. Demand for management company finance will continue to increase in 2022 and beyond, we look forward to building and expanding partnerships with leading managers.” 17Capital continues to see wider adoption of portfolio and management company financing among leading private equity managers looking to capitalize on compelling investment opportunities or accelerate liquidity to investors.
