– 17Capital closed Credit Fund 2 at approximately $7.5 billion, the largest NAV loan fundraise to date
– Total capital raised by 17Capital now exceeds $24 billion across eight funds since 2008
– Managing Partner Pierre-Antoine de Selancy highlighted the firm’s 18-year leadership in NAV finance and investor confidence
– Credit Fund 2 provides NAV loans to established private equity funds in the U.S. and Europe
– Purpose: expand investment capacity, refinance debt, and accelerate distributions
– Strong growth in demand for NAV loans, especially in the U.S., driven by increased competition among private equity managers
– Dane Graham, Partner, noted a “substantial uptick in demand,” with firms increasingly using NAV loans to invest further in portfolios and generate additional value
– Firms are using NAV loans to enhance portfolio investments and generate additional value
– Credit Fund 2 is significantly larger than its predecessor ($2.9 billion, closed April 2022)
– Since 2020, 17Capital has deployed over $7.5 billion across 30 NAV loans
Around $2 billion already deployed from Credit Fund 2
– Largest NAV loan fundraise ever
– Among the top 5 largest private credit funds globally in the past 12 months
– The fund strengthens 17Capital’s ability to partner with leading PE firms and
deliver large-scale NAV financing solutions
– In parallel, 17Capital runs a Strategic Lending program financing PE management companies
– Strategic Lending Fund 6 closed in July 2025 with ~$5.5 billion
– 17Capital continues its philanthropic commitment by allocating part of carried interest to Epic (youth-focused nonprofit)
– Initiative started in 2017 and continues across multiple funds including Credit Fund 2
– Total capital raised by 17Capital now exceeds $24 billion across eight funds since 2008
– Managing Partner Pierre-Antoine de Selancy highlighted the firm’s 18-year leadership in NAV finance and investor confidence
– Credit Fund 2 provides NAV loans to established private equity funds in the U.S. and Europe
– Purpose: expand investment capacity, refinance debt, and accelerate distributions
– Strong growth in demand for NAV loans, especially in the U.S., driven by increased competition among private equity managers
– Dane Graham, Partner, noted a “substantial uptick in demand,” with firms increasingly using NAV loans to invest further in portfolios and generate additional value
– Firms are using NAV loans to enhance portfolio investments and generate additional value
– Credit Fund 2 is significantly larger than its predecessor ($2.9 billion, closed April 2022)
– Since 2020, 17Capital has deployed over $7.5 billion across 30 NAV loans
Around $2 billion already deployed from Credit Fund 2
– Largest NAV loan fundraise ever
– Among the top 5 largest private credit funds globally in the past 12 months
– The fund strengthens 17Capital’s ability to partner with leading PE firms and
deliver large-scale NAV financing solutions
– In parallel, 17Capital runs a Strategic Lending program financing PE management companies
– Strategic Lending Fund 6 closed in July 2025 with ~$5.5 billion
– 17Capital continues its philanthropic commitment by allocating part of carried interest to Epic (youth-focused nonprofit)
– Initiative started in 2017 and continues across multiple funds including Credit Fund 2