Fund Finance

17Capital appoints three partners

Three managing directors in London were made partners during a growth period in the NAV financing market.

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Private equity portfolio financier 17Capital has promoted three managing directors to partners.

David Wilson, Emad Shahin and Fokke Lucas from 17Capital’s London office were each made partner, as the firm looks to pursue growth opportunities.

Wilson is co-head of credit and member of the firm’s investment committee. He joined the firm in 2019 to develop 17Capital’s NAV lending offering and was key to the record fundraising of 17Capital’s Credit Fund. In April, 17Capital closed its first NAV lending fund at €2.6 billion of capital.

Before joining 17Capital, Wilson held senior roles in JPMorgan’s fund financing team and at Lehman Brothers.

Shahin is general counsel at 17Capital and oversees legal matters and the execution of all investments across the firm. Since joining the firm in 2019, he has worked on every transaction, including 17Capital’s first NAV lending deal.

He previously held legal positions at JPMorgan and Nomura.

Lucas has been with 17Capital for more than nine years and has completed 23 transactions, 11 of which are fully realized. Prior to 17Capital, Lucas spent five years at Lehman Brothers’ European Mezzanine Group and its spinout Neovara.