Atlas Holdings Takes on $700 Million NAV Loan From 17Capital

June 11, 2025, 8:01 AM UTC

Atlas Holdings LLC has borrowed $700 million against investments in its private equity funds as a once-unorthodox form of lending gains more traction.

NAV financier 17Capital is providing the so-called net-asset-value loan, which is backed by an existing portfolio held by Atlas Holdings, said people with knowledge of the matter, speaking on condition of anonymity.

The market for single fund NAV loans is worth $50 billion, according to an October 2024 report from Ares Management Corp. While some firms use fund-level debt to free up cash or return money to investors, this loan is being used to acquire new companies ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.