Private equity firms on the hunt for capital are increasingly turning to specialty lenders for financing and providing a valuable asset as collateral: stakes in their funds.
The buyout industry has about $3 trillion of unrealized value on its books, according to Preqin. And it’s tapping that to land loans for
Investors are racing to make loans. Lender 17Capital saw record demand and provided $1.5 billion of portfolio financing this year. U.K.-based Silicon Valley Bank, part of