Brookfield Invests $1B in NAV Finance Specialist 17Capital’s Strategies

Global NAV private credit manager 17Capital said it has received a $1B investment from Brookfield Asset Management’s private credit investment division to support the London-based firm’s private credit strategies.

17Capital said the investment comes at a time when it has deployed over $3B across 16 investments in the past 12 months. NAV credit facilities have grown rapidly in recent years, with asset servicer Citco calculating its own clients’ use of such facilities has grown at a 30% CAGR between 2019 and 2023. 

Founded in 2008, the firm specializes in NAV finance for the private equity industry and has successfully executed over 100 investments and 50 exits, deploying over $13B in capital. 

Source: https://www.17capital.com/17capital-reports-strong-12-month-deployment-of-3-billion/