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.
One strategy, two differentiated products
We listen to our clients' objectives and structure the most effective transaction in the form of preferred equity or senior lending to help them achieve their goals.
Credit
$3.4bn deployed
12 investments
Preferred equity
$6.9bn deployed
81 investments
Learn more about NAV financing
Accelerate liquidity
- Generate cash without selling
- Hold assets, retain value
- Optimise performace
Increase capital
- Increase investment capacity
- Support portfolio / asset growth
- Max and retain value creation
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
€100m
Meet the Investment team
Dane Graham
Managing Director, Investments, NA
Dane brings nearly two decades of strategic and financing advisory experience across the asset management, alternative asset management and wealth management sectors. He joins us from RBC Capital Markets, where he has worked for the last 4 years as Managing Director within the Financial Institutions Group.
Michael Timms
Investment Director
Michael joined 17Capital in 2021 from Wells Fargo and was previously at Bank of America Merrill Lynch. Michael studied at the University of Virginia and the McIntire School of Commerce.
Greg Hardiman
Investment Vice President
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.
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.
Pierre Garnier
Investment Vice President
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.
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.
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.
Investment Insights
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Read nowFeb 04 2023Portfolio finance: Untapped value?
Portfolio finance can offer additional investment firepower or a source of liquidity, both of which are in high demand in the fallout from the pandemic.
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Read nowDec 16 2022Strength in numbers
Pierre-Antoine answers some key questions if you are considering portfolio financing.
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Read nowFeb 16 2021An introduction to portfolio-based finance
As part of the BVCA Alternative Fund Strategies Conference Owen James and Pierre Garnier of 17Capital discuss NAV-based portfolio finance, including who uses it and why. They outline the two key products of preferred equity and NAV-based loans, both of which are part of a fast-growing trend towards greater active management of funds and portfolios across the private equity landscape.