Reorg Radio cover image

Reorg Radio

Greg Hardiman of 17Capital Discusses Growth and Use Cases of Net Asset Value Lending

Mar 12, 2024
34:19
Snipd AI
Explore the evolution and benefits of NAV lending in private equity with insights from Greg Hardiman of 17Capital. Discover the growth and applications of NAV financing, flexibility in non-bank investments, fund financing dynamics, efficiency with NAV lending, and updates on bankruptcy cases and corporate stories.
Read more

Podcast summary created with Snipd AI

Quick takeaways

  • NAV lending provides liquidity and financing against diversified portfolio equity value, catering to private equity buyouts.
  • Non-bank lenders like 17 Capital offer innovative NAV financing solutions, enhancing operational flexibility for private equity actors.

Deep dives

Evolution of NAV Lending in Private Equity

NAV lending involves providing funds against the equity value of a diversified portfolio, a departure from traditional single-company lending. 17 Capital's focus on NAV lending for private equity buyouts has a track record dating back to 2008. Initially conceived as a solution for limited partners seeking liquidity beyond the secondary market, NAV lending has grown to encompass private equity funds, management firms, and individual investors.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode