While the market for NAV financings—loans to funds supported by the net asset value of their portfolios—grew in 2023 and continues to rapidly evolve, a consensus has developed around what is sometimes referred to as a “Holdco...more
5/1/2024
/ Borrowers ,
Collateral ,
Financial Services Industry ,
Financing ,
Investors ,
Lenders ,
Limited Partnership Agreements ,
Loans ,
NAV ,
Portfolio Companies ,
Tax Exempt Entities
In the middle of 2023, we conducted an informal, small-scale survey to gather insights from prominent non-bank lenders on their activity in the net asset value (NAV) lending market for the first half of 2023. We have expanded...more