Fund Finance

A portion of the NAV facility will be used to issue distributions back to LPs and is recallable if needed in the future, Private Equity International understands.

LPs that have received recallable distributions via NAV facilities will do well to think carefully about how and when this capital is re-used.

A stipulation that capital distributed to LPs via NAV facilities can be recalled is creating headaches for some investors.

A disconnect exists between GPs and LPs on the use of financing tools such as NAV loans and continuation funds.

Structured solutions can provide much-needed liquidity without forcing LPs to crystalise a loss.

Experts across private markets share their thoughts on how lending is adapting to changing conditions and why NAV financing is increasingly seen as a key area for expansion.

Carlyle Group's over €1bn NAV loan for its fifth Europe vehicle is a sign of things to come.

The fall of three major lenders to private equity GP borrowers across the AUM spectrum means sub lines may be harder to get for some; and yet, the market has already begun to adapt.

Scratching your head at how to make sense of current market dynamics? You're not alone.

A confluence of market events are fuelling growth in the demand for NAV and hybrid facilities, write lawyers from Reed Smith.