15
years in the market
$11bn
raised
$10.3bn
committed to
91 investments
47
full exits returning
15% gross IRR
2022 key highlights
€2.6bn
closed for Credit Fund – largest first-time private debt fund raised in Europe
Strategic partnership with Oaktree
17Academy inaugural session with our investors
$4.1bn
committed to
16 investments
16 investments
11 full exits generating $875m in investment proceeds
$4.1bn
committed to
16 investments
16 investments
Record deployment in 2022
Fundraising plans across Strategic Lending and Credit for 2023
Deal flow
Deal flow in 2022:
+30%
Average deal size in 2022:
+13%
Deployment
$2.1bn
committed to 10 preferred equity investments
$2.0bn
across 6 loans
90% of investments with GPs were among the top 100 global private equity managers
ESG highlights
2017
The first private equity fund to sign the EPIC Sharing Pledge
2021
Became a signatory of UNPRI
Became a member of ILPA Diversity in Action
2022
Claire Hedley, dedicated ESG Director hired in June 2022
Comprehensive ESG report published
Direct partnership to contribute and to support young people
Joined iCI supporting action on climate change
Strong and growing organisation
In July 2022, 17Capital announced the completion of Oaktree’s acquisition of a majority interest 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.
68
Team members across Europe and the US
3
Senior hires across ESG, Investments and Fundraising
24
New team members in 2022
Claire Hedley
ESG Director London
ESG Director London
Dane Graham
Managing Director New York
Managing Director New York
Drew Fox
Managing Director, Fundraising & IR New York
Managing Director, Fundraising & IR New York
3
Partner promotions in January 2022
Fokke Lucas
Emad Shahin
David Wilson
Continued industry recognition
Pierre-Antoine de Selancy
Recognised in Private Equity News’ 2022 list of the ‘Fifty Most Influential in Private Equity’
Emad Shahin
Winner of the Rising Star award at The Drawdown Awards
Martin Munte
Selected as one of Private Debt Investor’s Rising Stars of 2022