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 lending or preferred equity to help them achieve their goals.

NAV lending

$3.4bn deployed

12 investments

Preferred equity

$6.9bn deployed

81 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

Financing to two PE funds for opportunistic add-ons and growth opportunities

US buyout & growth manager

United States

$75m

Contact us

Fund Portfolio

Accelerating liqudity for LPs and creating recaliable fund capital

European buyout manager

Europe

€300m 

Contact us

Fund Portfolio

Financing to a PE fund for opportunistic add-ons

UK buyout manager

Europe

£125m

Contact us

Fund Portfolio

Financing for debt buy back at portfolio level and growth opportunities

US buyout manager

United States

$100m

Contact us

Fund Portfolio

Accelerating liquidity for funds LPs

European buyout manager

Europe

€275m

Contact us

Portfolio company

Directly financing separate portfolio companies with fund-level repayment mechanism

Global buyout & growth manager

Asia

€68m

Contact us

Portfolio company

Financing to a private equity fund to bridge an equity capital increase in portfolio company

European buyout manager

Europe

€100m

Contact us

Fund Portfolio

Increase capacity for follow-on investments

European buyout manager

Europe

€517m

Contact us

Fund Portfolio

Increase GP investment capacity for new and follow-on investments

European Fund Portfolio

Europe

€260m

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Fund Portfolio

Financing for accretive follow-on opportunities 

European private equity fund manager

Europe

€500m

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

Financing GP team for balance sheet optimisation

US buyout manager

United States

$220m

Contact us

Management Company

Growth capital for GP to build its platform, seed new strategies and increase commitments

US buyout manager

United States

$80m

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

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

US investment manager

United States

$165m

Contact us

Fund Investor

Financing for a teams’ commitment to their latest private equity fund

Investor in European buyout funds

Europe

€140m

Contact us

Fund Investor

Financing an LPs increased commitment to new funds

Investor in European buyout funds

Europe

€250m

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 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
  • Feb 01 2023

    NAV financing set to take-off

    Amid uncertain market conditions, GPs and LPs are seeing significant benefits from NAV financing, and as a result, the sector will likely surge.

    Read now