NLC Fund Finance Market Report – Q4 2024 & Year End Recap
Market Overview: Fund Finance Adapts Amid Global Shifts The fund finance market continued to evolve in Q4 2024, driven by macro stability, increased M&A activity, and financial innovation. Inflation aligned closer to 2%, but expectations of aggressive rate cuts faded, with the Fed and ECB cutting rates by 1% and 0.75%, respectively. Despite easing inflation, […]
NLC Fund Finance Market Report – Q3 2024
The fund finance market remained resilient in Q3 2024, adapting to a dynamic global environment shaped by economic and geopolitical shifts. Key developments included: Fundraising: Capital raised declined to $27 billion, reflecting seasonal challenges and broader market uncertainty. Mega-funds ($5 billion+) dominated, accounting for 45% of commitments despite representing just 4% of fund closures. General […]
The Role of Term Loans in Subscription Financing
In recent years, there has been growing market discussion about the increasing relevance of Term Loans in subscription financing. As the industry continues to evolve, Term Loans have emerged as a compelling alternative to traditional Revolving Credit Facilities (RCFs), reshaping how General Partners (GPs) approach capital efficiency and funding strategies. Subscription (capital call) financing has […]
NLC Fund Finance Market Report – Q2 2024
The fund finance market demonstrated resilience and adaptability in Q2 2024, with several noteworthy trends and developments shaping the landscape. Fundraising Trends Fundraising in Q2 2024 showed some resilience but remains muted compared to previous years. The total raised in the first half of the year amounted to $592 billion, a 4% decline from the […]
Nicos Bikakis and Luigi Griffo Join NLC
We are thrilled to announce the latest additions to our team, reinforcing our commitment to delivering best-in-class service to our clients! Nicos Bikakis has joined us as Vice President of the Investments team. Before joining NLC, Nicos served as Associate Director at Lloyds Bank, where he specialized in Financial Sponsors. In that role, he was […]
Shailen Patel Joins NLC as Head of Strategy and Product
We are delighted to announce the appointment of asset management and private markets specialist, Shailen Patel, to our investment team.Shailen joins as our Head of Strategy and Product having spent his career advising the buyside and their investors on structuring, new product viability, transactions, technical accounting, ESG and regulatory capital. His focus will be […]
Ruth Pearson Joins NLC as General Counsel
We are excited to announce that Ruth Pearson has joined NLC as General Counsel. Prior to joining NLC, Ruth served as General Counsel and Company Secretary at LendInvest plc, a listed lending, asset management, and investment advisory business. There, she was instrumental in designing and implementing the legal, risk, compliance, and governance functions from its […]
NLC Fund Finance Market Report – Q1 2024
In our Q1 2024 market update, the NLC team highlights the latest trends and shifts in the Fund Finance market, navigating through macroeconomic changes and evolving financial landscapes. Macroeconomic Impact Inflation remains above target in both the US and Eurozone, with potential interest rate cuts by the Fed and ECB on the horizon. However, uncertainty […]
NLC Capital Partners Welcomes Bernard Kantor as Non-executive Director
NLC is thrilled to announce the latest addition to our leadership team, Bernard Kantor, as Non-executive Director. Bernard is a renowned figure in the financial world, co-founder of Investec , and a leader whose strategic insights have propelled organizations to remarkable heights. Neno Raic, Founding Partner at NLC, expressed: “We are incredibly honored and humbled […]
Kresimir Slugan Joins NLC as Chief Technology Officer
We’re pleased to welcome Kresimir Slugan to the NLC team as the new Chief Technology Officer (CTO). Kresimir brings with him a decade of experience in software development, data engineering, and machine learning from working at both startups and large corporations. Neno Raic, Founding Partner at NLC, expressed, “We’re delighted to welcome Kresimir as Chief […]
