Fundraising

Crestline raises $1bn for fund finance.

RBS sees more banks entering NAV market

The Royal Bank of Scotland International projects that more banks will enter the NAV loan market, as the facilities have matured and become more mainstream since the depths of the covid-19 pandemic.

Portfolio finance has come of age – 17Capital.

Eighty percent of the the firm’s 15 NAV loan and preferred equity deals in 2021 were done with top 100 private equity managers by size, says an executive at the lender.

Private Funds CFO Insights Survey 2022 finds firms under ever-increasing pressure to meet investor expectations amid the fundraising boom.

A booming market has led firms to ramp up fundraising like never before.

From bad leaver clauses to provisions on launching successor funds, protections are in place for investors backing first-time vehicles, a panel heard at Unigestion’s emerging managers conference.

Early mover ADDX is providing accredited investors with access to blue chip private equity funds, including Partners Group’s €5.5bn Global Value SICAV.

The rise of novel fund types.