Investments

Strategic finance for investors in private equity

17Capital partners with high quality private equity investors to support their ambition, growth, and performance objectives. NAV finance has flexible solutions, whether investing for portfolio growth, improving fund performance, or increasing commitments to new funds.

We build long term partnerships with management companies, funds and institutional investors, providing flexible, tailored structuring with certainty of execution and strong alignment of GP and LP interests.

As the leading provider of NAV finance, we are currently investing from our $2.9 billion 17Capital Fund 5 and our €2.6 billion Credit Fund.

One strategy, two differentiated products

We listen to our clients' objectives and structure the most effective transaction in the form of NAV loans or preferred equity to help them achieve their goals.

NAV loans

$4.7bn deployed

18 investments

Preferred equity

$8.4bn deployed

86 investments

Learn more about NAV financing

A portfolio management tool

Accelerate liquidity

Increase capital

  • Increase investment capacity
  • Support portfolio / asset growth
  • Max and retain value creation
Increase capital

Accelerate liquidity

  • Generate cash without selling
  • Hold assets, retain value
  • Optimise performance

Broad range of financing across the capital structure

Fund Portfolio

We partner with GPs / sponsors to offer flexible and non-dilutive financing solutions to existing funds. Our capital can be used to increase investment capacity to support the existing portfolio, for instance, to finance accretive add-ons or manage indebtedness. We can also accelerate liquidity to investors and help optimise fund performance.

Our finance is typically an alternative to individual company leverage or traditional liquidity events such as IPOs or M&A.

Finance is provided against the net asset value of the underlying portfolio and typically the lender receives the first distributions until a minimum return threshold has been achieved.

  • Additional capital to grow assets
  • Intermediate liquidity to investors
  • Managing portfolio

Fund Portfolio

Fund further investments across the portfolio and make a distribution to LPs

European buyout manager

Europe

€940m

Contact us

Fund Portfolio

Increase in investment capacity to fund further investments

US buyout manager

United States

$330m 

Contact us

Fund Portfolio

Fund further investments

European buyout manager

Europe

$400m

Contact us

Fund Portfolio

Increasing GP investment capacity for new and follow-on investments 

European buyout manager

Europe

€360m

Contact us

Fund Portfolio

Accelerate liquidity to investors and create recallable capacity for follow-on investments

European buyout manager

Europe

€400m

Contact us

Portfolio company

Directly financing separate portfolio companies with fund-level repayment mechanism

Global buyout & growth manager

Asia

€68m

Contact us

Fund portfolio

Accelerate liquidity to investors

European buyout manager

Europe

€1,100m

Contact us

Management Company

Our finance can be used as a GP or management company financing tool to finance a range of opportunities including enabling managers to increase their GP commitment, optimize their balance sheet, seed a new strategy or finance succession planning as an alternative to selling a minority equity stake.

Our finance can be provided against the various economics attributable to the management company including GP commitments, carried interest and management fees.

  • Financing GP commitments
  • Non-dilutive growth capital
  • Succession planning

Management Company

Augment GP commitment to latest fund

European buyout manager

Europe

€325m

Contact us

Management Company

Finance strategic M&A at the management company level

US buyout manager

United States

$50m

Contact us

Management Company

Augment GP commitment to latest fund

European buyout manager

Europe

$111m

Contact us

Management Company

Generate investment capacity for firmwide strategic initiatives

US buyout manager

United States

$500m

Contact us

Management Company

Augment GP commitments to a continuation fund

US buyout manager

United States

$48m

Contact us

Management Company

Financing to GP team for balance sheet optimisation

US buyout manager

United States

$220m

Contact us

Investor

We partner with Limited Partners in high quality portfolios who may be seeking early liquidity, looking to fund commitments or rebalance their portfolio. As an alternative to a secondary sale we allow the investor to retain access to portfolio upside and typically provide capital upfront while avoiding a discount to NAV.

  • Retain future upside
  • Financing commitments
  • Portfolio re-balancing

Fund Investor

Enable counterparty to accelerate liquidity and finance unfunded obligations

US investor in buyout funds

United States

$312m

Contact us

Fund Investor

Increase investment capacity to continue supporting managers seeded by family office

US family office

United States

$100m

Contact us

Fund Investor

Financing to support an investor’s fund commitments and co-investments

US institutional investor

United States

$185m

Contact us

Fund Investor

Enable LP to rebalance its PE portfolio

US institutional investor

United States

$77m

Contact us

Why partner with us

Efficient process with execution certainty

Efficient process (4-6 weeks to funding)
Flexible, tailored structuring
Consistency of terms
Consistency of terms
Certainty of execution
Certainty of execution
Efficient process (4-6 weeks to funding)
Efficient process
Certainty of execution
No valuation challenges

Do more with NAV finance

Speak with a member of the Investment team

Email our Investment Team
  • Mar 31 2023

    Market disruption accelerating growth for alternative financing

    Demand for NAV finance is on the up despite an increasingly volatile macro environment, says 17Capital managing director

    Read now
  • Mar 22 2023

    Why 2022 was another record-breaking year for NAV finance

    NAV finance has come a long way in just the last few years. 17Capital executives Robert de Corainville and Greg Hardiman explain the dynamics of the market in 2022 and how they suggest explosive growth in the years to come.

    Read now
  • Feb 02 2023

    17Capital promotions 2023

    17Capital, the global go-to source of strategic financing for investors in private equity, is pleased to announce a number of promotions across its Investment, Investor Relations, Marketing & Communications, and Finance & Operations teams, following record deployment in 2022 and continued demand for NAV finance. Promotions include Stephen Quinn to Senior Managing Director. Federica Bogoni has been promoted to Vice President. These promotions show our continued growth with $4.1bn committed across 16 investments in 2022. There have also been promotions within our Investor Relations team, Pauline Chatin has been promoted to Head of Investor Relations France, Switzerland & Southern Europe. Isabelle Richards has been promoted to Senior Associate. In 2022, 17Capital raised one of the largest debut credit funds ever raised at €2.6 billion exceeding its initial €1.5 billion target.   Within the 17Capital Infrastructure team, Alex Walker has been promoted to Head of Marketing & Communications. Catrin Watts has been promoted to Senior Marketing Associate. Nick Evans, Shamyl Khushal and Andrew Burder have all been promoted to Finance Director. Simon Bowley has been promoted to Technology Director, and Becky Wang has been promoted to Fund Operations Manager. Nadya Feteha has been promoted to Operations Manager and Liliana Quintero has been promoted to Receptionist/Administration Assistant. Pierre Antoine de Selancy, Managing Partner of 17Capital, said: “I would like to congratulate all the team for their hard work and dedication during 2022. These promotions reflect their ongoing contributions to support our continued growth and serving our investors. I would like to wish all the team success in their new roles.”    

    Read now