NAV finance wasn’t invented yesterday, but it’s becoming a valuable tool in any GP’s toolbox, says Hark Capital’s managing partner and founder, Doug Cruikshank.
There will be no slowdown in demand for GP and NAV financing, even as the economy falters, say head of BC Partners Credit Ted Goldthorpe and operating partner Tom Glover.
Only two years ago, the accepted ceiling for the subscription line market globally was $500bn, a figure now seen as wildly underestimated. Meanwhile, NAV financing is poised for meteoric growth