NLC Fund Finance Market Report – Q2 2026
September 8, 2026
Q2 2026 witnessed improved sentiment across private markets, but not in a uniform way. Larger managers and those who have a track record of delivering
NLC is the first independent asset manager exclusively focused on fund finance. Leveraging our first-mover advantage and unwavering commitment to our values, we have rapidly grown into the largest independent fund finance lender.
As the pioneering source of non-bank capital in the fund finance market, we have redefined the borrowing experience for funds and general partners, removing traditional banking constraints and delivering capital at scale. Our technology-enabled processes streamline execution, reduce operational burdens post-closing, and ensure speed, certainty, and transparency.
Through this approach, we have created lasting value for our clients, built deep and enduring relationships, and established ourselves as the trusted partner of choice for GPs and institutional investors.
Combined Industry Experience
Funded Loans
Live Book
Q2 2026 witnessed improved sentiment across private markets, but not in a uniform way. Larger managers and those who have a track record of delivering
Fund Finance Q1 2026 Market Update highlighted institutional non-bank capital as an increasingly important and permanent feature of the fund finance market. Rather than crowding
As the leading non-bank fund finance lender in the market, NLC is able to bring a differentiated approach to Credit NAV lending. This includes the