Specialist debt financing for secondary transactions
Ardian NAV Financing is a platform providing debt facilities backed by large portfolios of private equity and infrastructure funds. These transactions are typically sponsored by funds-of-funds players who acquire the portfolios on the secondary market.
Between 2018 and 2022, Ardian NAV Financing deployed over $3bn to support acquisitions or recapitalizations of secondary portfolios. Ardian NAV Financing works in partnership with arranging banks and takes exposures between $100m and $500m+ in facilities of between $200m and $1bn+. Ardian NAV financing is independent from Ardian Secondaries & Primaries, however the team benefits from Ardian’s institutional experience over more than 20 years of Secondaries investing.
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$4.3bn
deployed since inception
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250 GPs
covered in NAV Financing database
"The secondary market for private equity and infrastructure funds is growing quickly and already represents an opportunity worth tens of billions of dollars a year."