17Capital

17Capital is a private credit manager and the global go-to source for net asset value (NAV) finance in the private equity industry. Founded in 2008, the firm is headquartered in London with additional offices in New York and Dubai. In 2022, Oaktree Capital Management acquired a majority stake in the business, adding an institutional parent with significant regulatory and governance infrastructure.

The firm has deployed over $20 billion across more than 130 transactions, with more than $9 billion realised to date through eight vintage funds. Its team of 112 professionals operates across two main product lines: Credit, which provides conservative NAV loans at low loan-to-value ratios primarily for buyout funds, and Strategic Lending, which offers flexible financing solutions for management companies and investors. Both sit squarely within private credit - a rapidly growing asset class that has attracted increasing regulatory scrutiny globally.

17Capital's focus on NAV finance - lending against the underlying portfolios of private equity funds - is a specialised niche at the intersection of structured credit and fund finance. For compliance professionals, the firm's activity spans multiple jurisdictions and involves counterparties including institutional investors and general partners, requiring oversight across anti-money laundering, investor protection, and cross-border lending regulations.