The State of NAV Loan Facilities in the PE Industry and Current Obstacles to Widespread Adoption
As part of Practising Law Institute's Fund Finance 2022 program, partner Jocelyn Hirsch participated on a panel discussing features of net asset value (NAV) facilities and developments in the market for the loans. Private Equity Law Report summarized key takeaways from the program, including common uses and transaction structures for NAV loans, challenges to putting these facilities in place, valuation of portfolio investments and remedies available to lenders.
