17Capital - Tue, 06/10/2025 - 18:57

NAV Loans Uncovered: Observations From the 17Capital Credit Fund

This paper presents key observations on NAV loans made to private equity funds, gained from our experience deploying the 17Capital Credit Fund over the past five years. It aims to clarify the role of NAV loans and explain how they create value for LPs in private equity funds. Before providing our insights, it’s worth reflecting on the origins of the NAV finance market and 17Capital’s role in its development.

Read the full article, including a foreword from Co-Chairman of Oaktree, Howard Marks.

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About 17Capital

17Capital is a private credit manager, specializing in NAV finance for the private equity industry. It provides non-dilutive capital to high-quality private equity management companies, funds, and institutional investors as part of their toolkit for value creation and portfolio management. Founded in 2008, 17Capital has completed over 100 investments and 50 exits, deploying more than $15 billion since inception.

Tyler Dziama,
Director, Investor Relations
Dziama@17capital.com

17Capital
One Vanderbilt Ave
Suite 5400
New York, NY 10017

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