Benchmark prior transactions, bonds, loans or company profiles using over 300 credit metrics.

Comparables

AI transcripts & instant analysis, making earnings season easier than ever.

Earnings

A full suite of ESG data and analysis. Built for your workflow

Spot undervalued credits and potential future restructurings with our purpose-built tools.

Distressed and Restructuring

We use AI to aggregate newsflow from 2,000 sources, and deliver it to your inbox quicker than anyone else.

News

Full Financial profiles with 3 statements, KPIs, segment splits & credit metrics. All traced to source documents.

Financials

New deal analysis and covenant comparison tools, understand key risks in seconds not days.

Covenants

We've successfully predicted more than 65 price sensitive events - before they happened.

Deal predictions

Say goodbye to CTRL + F with our powerful search. Thousands of documents text searchable for any keyword or phrase.

Search

Track high yield deals from issuance through to maturity, with integrated legal, credit and ESG analysis.

High Yield Bonds

Shine a light on private markets with 9fin's news and legal analysis of syndicated loans

Leveraged Loans

21st century tech and expert analysis to help CLO teams make informed decisions faster.

Structured Credit 

Find information others can't see in one of the fastest growing corners of finance

Private Credit 

Shubham Saharan

Will Caiger-Smith

This article is part of our new service, 9fin Private Credit. If you're interested in a free trial, contact subscriptions@9fin.com

Hunter Point Capital is in the process of raising a NAV lending fund, as a growing number of institutional lenders move into the booming space of providing stake-backed loans to the likes of private equity firms.

Net asset value lending enables investment firms to borrow money by pledging their existing asset portfolios. A recent high-profile example is Vista Equity Partners, which used a NAV loan arranged by Goldman Sachs to fund its equity injection into Finastra.

Hunter Point Capital’s fund will provide NAV loans mainly to PE funds, but also other investors in real assets, according to 9fin sources. Demand for this kind of financing has exploded in recent months, as sponsors come under pressure to inject equity into portfolio companies.

The Hunter Point Capital fund’s management team will include Stephen Swentzel, Richard Golaszewski, and Alvin Butler, sources added. Swentzel and Golaszewski were hired from 17Capital after its merger with Oaktree, while Alvin Butler was formerly at Ares.

The new fund is likely to have plenty of competition before long, as private credit firms are increasingly looking to offer NAV financing to other investment firms. Apollo, for example, recently set up a nearly $4bn pipeline for NAV lending.

Hunter Point Capital was co-founded by Blackstone veteran Bennett Goodman in 2020, and typically specializes in acquiring stakes in other asset managers. The firm declined to comment for this article.

17Capital and Oaktree did not respond to a request for comment.

Hunter Point Capital to launch NAV fund with 17Capital, Ares alums

Owen Sanderson

How to drive UK growth, with USS private markets head Ben Levenstein

Excess Spread — Dietary fiber, gorilla warfare, Blackstone again

Sayed Kadiri

Taking the Credit — The path to liquidity is paved with private credit CLOs

VistaJet in talks for new funding led by RRJ Capital

Turbocharge your trading desk P&L, with the market's fastest news alerts.

Sales & Trading

Save time, react faster to news, outperform your peers.

Asset Managers & Hedge funds

Save time, pitch more efficiently, and win business.

Investment Banks

Spot novel covenants, save time drafting and win business.

🍪 Our Cookies

Hunter Point Capital to launch NAV fund with 17Capital, Ares alums

Read all our public content for free

Recently Published

How to drive UK growth, with USS private markets head Ben Levenstein

Excess Spread — Dietary fiber, gorilla warfare, Blackstone again

Taking the Credit — The path to liquidity is paved with private credit CLOs

VistaJet in talks for new funding led by RRJ Capital

What are you waiting for?