Not Disclosed
NAV-Based Credit Facility for a
Private Equity Portfolio
July 2024
Kyle McManus
Director, Private Capital Advisory
About Kyle
Kyle McManus is a director for William Blair based in the firm’s New York office. He joined William Blair's investment banking team in 2022. Before William Blair, he worked for Eaton Partners and H2C Securities.
Insights
Understanding Increasingly Popular Holdco NAV Structures
NAV financing—loans to funds supported by the net asset value of their portfolios—has become increasingly popular with financial sponsors over the past year. This article, written in partnership with global law firm Proskauer Rose, outlines how the Holdco Structure helps navigate key considerations in NAV financings.
Notable Transactions
$125,000,000
NAV-Based Credit Facility for a Private Credit Portfolio
October 2023
Not Disclosed
Single-Asset Continuation Fund for StoneRidge Insurance Brokers, Inc.
May 2023
Financial Services
Not Disclosed
has made a minority equity
investment in existing
portfolio company
March 2023
Healthcare Services
Rigorous pursuit of your success. Every transaction. Every time.
Our investment bankers are 100 percent committed to your organization’s sustained success. By drawing on our deep industry and product experience as well as our dedicated global resources, we provide advisory and financing services that allow you to capitalize on today’s opportunities and anticipate tomorrow’s challenges.
More about investment banking at William Blair
Private Capital Advisory
William Blair has extensive experience providing private equity firms with leading advice and execution across M&A, capital raising, and other strategic transactions. Our team of experts provides financial sponsors and their investors with holistic, bespoke solutions across all stages of the private equity lifecycle. Our Private Capital Advisory team works closely with our industry bankers, M&A Advisory group, and capital markets professionals to provide thoughtful insights and creative solutions designed to optimize client outcomes.
More about private capital advisory at William Blair
About William Blair
William Blair is a premier global boutique with expertise in investment banking, investment management, and private wealth management. We provide advisory services, strategies, and solutions to meet our clients’ evolving needs. As an independent and employee-owned firm, together with our strategic partners, we operate in more than 20 offices worldwide.*
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1935Year William Blair was founded
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1,900+Employees worldwide
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149 billion+Client assets
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89 YearsIndependent and employee-owned
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20+Offices worldwide
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~650Companies under coverage
As of September 30, 2024
*Includes strategic partnerships with Allier Capital, BDA Partners, and Poalim Capital Markets.