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We continue to see significant interest in NAV financing products in both the U.S. and European markets, which is reflected in double digit year-over-year growth in our deal activity...
We continue to see significant interest in NAV financing products in both the U.S. and European markets, which is reflected in double digit year-over-year growth in our deal activity for these facilities to date.
There has been an uptick in new lenders willing to provide NAV financing. Spike in interest in NAV lending was explained by sponsors hesitant to call capital from LPs during pandemic uncertainty and inability of private equity-backed companies to obtain affordable financing.