What is NAV financing?

NAV financing provides non-dilutive capital to high-quality private equity management companies, funds, and institutional investors as part of their toolkits for value creation and portfolio management.

17Capital offers NAV finance across the capital structure, providing a broad range of financing options including preferred equity and NAV loans.

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.

Learn more about NAV financing by watching our 2-minute explainer video.

Get in touch with the team

Meet the team at IPEM 2022

Augustin Duhamel

Managing Partner

Augustin is Co-Founder and Managing Partner at 17Capital, co-founding the business in 2008.

Prior to co-founding 17Capital, Augustin was a Director with Deloitte Finance in Paris, where he advised financial investors and lenders on distressed investments. He previously held positions at Duhamel Fine Art, ATKearney & Paribas. Augustin holds a degree in economics from Paris IX Dauphine University, and a Masters in Management from ESCP Europe.

Fokke Lucas

Partner

Fokke joined 17Capital in 2012 from Lehman Brothers and was previously at Neovara LLP. Fokke studied at ESCP Europe, Paris.

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.

Pauline Chatin

Investor Relations Director

Pauline joined 17Capital in 2021 from Lyxor Asset Management. Pauline has a BA in Management and Business Studies from ESC Reims and a Masters in International Business and Management from ICADE in Madrid.

Roxane d’Alès

Investment Associate

Roxane joined 17Capital in 2018 after graduating from HEC Paris and CEMS (Tsinghua SEM).

About 17Capital

17Capital is the go-to global source of NAV finance for investors in private equity. Since its inception in 2008, 17Capital has raised $11 billion and has deployed over $9 billion across 85 investments. 17Capital’s Fund 5 closed in June 2021 at its hard cap of $2.9 billion and 17Capital’s Credit Fund 1 closed in April 2022 at its hard cap of €2.6 billion.

In March 2022, 17Capital announced a strategic partnership with Oaktree in which Oaktree will acquire a majority stake in 17Capital. The partnership will give 17Capital access to Oaktree’s deep global network. Following the closing of the transaction, 17Capital will continue to operate as an independent business, with its own product offerings and investment, marketing, and support teams.

Get in touch with the team

Find out more about NAV finance