Profile
17Capital is a pioneer and market leader in NAV finance, based in London. Established 18 years ago, the firm has accumulated over $18 billion deployed and $8 billion realized. The team comprises 117 members dedicated to NAV finance, providing a wealth of expertise and resources that makes them stand out in the private credit sector.
The firm specializes in providing non-dilutive capital to high-quality private equity management companies, buyout funds, and institutional investors to enhance investment capacity and fund strategic initiatives. 17Capital’s investment scope broadly covers private credit within NAV finance. They have raised eight vintage funds up to 2026, with Credit Fund 2 being their latest at $7.5 billion.
Notable investments include partnerships with high-quality managers to enhance their portfolios. Specific portfolio companies are not enumerated, reflecting their focus on strategic financing rather than direct equity investments. Their emphasis on downside protection is appealing to a global, blue-chip investor base, aiming to secure steady returns within the private credit space.
Industry
17Capital Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
17Capital Fund I
|
Private Equity (PE)
|
Business Services (B2B)
Consumer Products
Consumer Services (B2C)
Financial Services
Fintech
Healthcare Services
Technology
Energy
CleanTech
|
Series B
Late Stage (Series C+)
|
North America
Europe
|
$5-10 m
|
$90 M
|
December 2009
|
|
17Capital Fund II
|
Private Equity (PE)
|
Financial Services
Fintech
Healthcare Services
Technology
Energy
CleanTech
|
Series B
Late Stage (Series C+)
|
North America
Europe
|
$5-10 m
|
$220 M
|
December 2011
|
|
17Capital Fund III
|
Private Equity (PE)
|
Financial Services
Fintech
Healthcare Services
Technology
Energy
CleanTech
|
Series B
Late Stage (Series C+)
|
North America
Europe
|
$5-10 m
|
$530 M
|
January 2015
|
|
NAV Lending Fund
|
Fund of funds
|
Consumer Products
Consumer Services (B2C)
Financial Services
Fintech
Healthcare Services
Technology
Energy
CleanTech
|
Seed
Series A
Series B
|
North America
Europe
|
$5-10 m
|
$2700 M
|
April 2022
|
|
17Capital Fund
|
Private Equity (PE)
|
Consumer Products
Consumer Services (B2C)
Financial Services
Fintech
Healthcare Services
Technology
Energy
CleanTech
|
Series B
Late Stage (Series C+)
|
North America
Europe
|
$5-10 m
|
$4500 M
|
July 2021
|
|
Credit Fund 2
|
Private Equity (PE)
|
Financial Services
|
North America
Europe
Asia
|
$100+ m
|
—
|
August 2026
|