Fundraising

Greater Share, which was launched earlier this year, is a novel philathropy-meets-private equity initiative.

The former Jones Day partner's expansive expertise includes fund finance. Her hire follows the recent departure of Cadwalader's former head of fund finance.

17Capital appoints three partners; What 17Capital’s credit raise says about the NAV financing opportunity

The firm, which has raised €2.6bn for its debut lending fund, estimates the size of this market could grow to $700bn by the end of this decade.

GPs build NAV optionality into fund docs

NAV loans have seen a significant increase in popularity among managers, and some are looking to make it easier to take them out.

International funds consider the transition to an NAV-based liquidity alternative for currency hedging.

The proliferation of NAV-based lending makes it possible for closed-end funds to transition away from bank credit lines for their currency hedging needs. Mark Battistoni of HedgeNAV LLC explains.

Digital fundraising platforms continue to transform the way managers develop their businesses, even as many return to in-person relationship management, according to an Apex Group executive.

17Capital hits €2.6bn hard-cap for NAV lending fund