We are pleased to announce the launch of our dedicated Credit NAV Lending business, further enhancing NLC’s capabilities and reinforcing our position as a leading non-bank capital provider in the fund finance market. This strategic expansion reflects our continued commitment to delivering best in class capital solutions to fund borrowers across the entire fund lifecycle.
To lead this initiative, we are delighted to welcome Steve Berry as Managing Director and Roger Fox as Director. Steve and Roger bring deep expertise in credit NAV-based lending and fund finance, having played pivotal roles in structuring and scaling platforms at Macquarie Asset Management. Steve was also previously head of European fund finance at Macquarie Bank and has held senior roles at Investec, Lloyds and Barclays; Roger was previously a director in the Financial Sponsors team at Lloyds Bank.
“We’re thrilled to welcome Steve Berry and Roger Fox to the NLC team as we continue to expand our platform to better serve the evolving needs of our clients across the fund lifecycle. This is a natural evolution for NLC. Having deployed over $6.5 billion in subscription lines, we’re now complementing that foundation with a differentiated credit NAV strategy. Steve and Roger bring deep expertise in asset-based lending, and their leadership will be instrumental in shaping this next phase of our growth.”
— Neno Raic, Managing Partner
“I’m delighted to join a platform as dynamic and impactful as NLC. I’ve been hugely impressed by the innovation that the team has brought to the subscription finance market and am very excited to be able to help expand their product offering with the introduction of Credit NAV lending capabilities.“
– Steve Berry, Managing Director
Steve Berry
Roger Fox