17Capital
- Company typePrivate
- Founded2008
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingServices
17Capital firmographics
Firmographics- Name
- 17Capital
- Legal name
- 17 Capital LLP
- Website
- https://17capital.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
17Capital industry classification
Industry- Product category
- Private Credit / NAV Finance
- NAICS
- Other Investment Pools and Funds (5259), Funds, Trusts, and Other Financial Vehicles (525), Portfolio Management and Investment Advice (523940)
- SIC
- Short-Term Business Credit Institutions (6153), Finance Services (6199)
- akta.pro primary industry
- NAV-Based / Portfolio Finance (Liquidity for LPs/GPs) (FSANAFAM)
- akta.pro secondary industries
- Private Credit / Direct Lending (FSAAAHAG), Large-Cap / Sponsor Finance Direct Lending (FSANADAJ)
Keywords
Where 17Capital is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices3 records
Markets served
17Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Fund Management Fees and Carried Interest: As a private credit fund manager, 17Capital generates revenue through management fees charged on assets under management and carried interest from fund performance. The firm has raised $24 billion across eight funds since 2008.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Institutional private credit fund management |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
17Capital product offering
Product offeringCore offering
17Capital provides non-dilutive NAV (Net Asset Value) finance to private equity buyout funds, GP management companies, and institutional investors. Its offerings include NAV loans at the fund level (typically during the value-creation years of a buyout fund) and preferred equity, unsecured loans, and hybrid facilities at the management company/GP level for financing co-investment commitments, franchise growth, and succession planning. Capital is delivered through dedicated closed-ended funds — most notably Credit Fund 2 ($7.5bn) and Strategic Lending Fund 6 ($5.5bn) — and the firm has raised more than $24bn across eight funds since 2008.
Product overview
17Capital operates as a private credit manager specializing in NAV finance for the private equity industry, offering two integrated product platforms: the Credit platform (including Credit Fund 2 at $7.5 billion and prior Credit Fund) for NAV loans at the fund level, and the Strategic Lending platform (including Strategic Lending Fund 6 at $5.5 billion) for preferred equity and GP/management company financing. The firm provides non-dilutive capital solutions to high-quality private equity management companies, buyout funds, and institutional investors. Client access is facilitated through investor portals (My17Investments and My17Documents). Since inception in 2008, 17Capital has raised over $24 billion across eight funds and completed 135 investments with 65 exits.
Differentiator
Problem solved
Functional benefit
Products and services
- Credit Fund 2 A dedicated NAV loan fund providing non-dilutive financing to private equity buyout funds in the U.S. and Europe. Supports fund managers seeking capital to expand investment capacity, refinance existing debt, and accelerate distributions to investors. Closed at approximately $7.5 billion.
- Strategic Lending Fund 6 A preferred equity and unsecured loan fund providing financing at the management company (GP) level for private equity firms. Supports strategic objectives including financing GP commitments, franchise growth, and succession planning. Closed at approximately $5.5 billion.
- NAV Loans (fund-level financing) Fund-level financing solutions enabling private equity managers to enhance investor returns without selling assets. Typically deployed during years 4-9 of a buyout fund's lifecycle once a diversified portfolio has been built.
- GP/Management Company Financing Financing solutions for private equity management companies, allowing GPs to borrow against their asset pools to finance co-invest commitments, franchise growth, consolidation, and succession planning.
- 17Capital Credit Fund (predecessor to Credit Fund 2) The first dedicated NAV loan fund from 17Capital, closed at $2.9 billion in April 2022. Predecessor to Credit Fund 2.
Quantifiable outcome
- $7.5 billion raised in Credit Fund 2 - largest NAV loan fundraise to date
- +3 more outcomes
Companies that use 17Capital
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
17Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature3 records
17Capital partnerships and signals
Strategic signalScale indicators11 records
Recent moves6 records
Expansion highlights6 records
17Capital competitors and assessment
Company assessmentDirect peers
- Pemberton Asset Management: London-based private credit manager with a NAV financing / GP financing strategy that directly competes with 17Capital's Credit Fund and Strategic Lending Fund platforms in the European PE ecosystem.
- Alcentra: BNY Mellon-owned private credit manager with a NAV finance offering aimed at PE sponsors, providing fund-level and GP-level financing solutions that overlap with 17Capital's product set.
- Crestline Investors: Credit and NAV financing specialist focused on senior-secured loans to PE funds and alternative asset managers, offering a comparable capital solution to 17Capital's NAV loan and preferred equity products.
- Marathon Asset Management: Global credit investment manager with a NAV financing / GP financing franchise that competes directly with 17Capital, providing non-dilutive capital to PE sponsors and asset managers.
- Hayfin Capital Management: European-headquartered private credit manager offering NAV financing, GP financing, and direct lending to PE sponsors, with a similar product overlap and target customer base as 17Capital.
Broad incumbents
- Intermediate Capital Group (ICG): Publicly-listed alternative asset manager with dedicated NAV financing, GP stakes, and credit strategies; overlaps with 17Capital's Strategic Lending (GP financing) and Credit Fund platforms.
- HPS Investment Partners: Large multi-strategy private credit manager with NAV/GP financing capability as part of a broader lending platform; competes with 17Capital on larger NAV financings and offers integrated capital solutions to PE sponsors.
- BlueBay Asset Management: European credit-focused asset manager (part of Royal Bank of Canada) that has expanded into NAV financing and direct lending solutions for PE sponsors, comparable to 17Capital's mid-market NAV loan offerings.
Emerging players
- Pollen Street Capital: London-based specialist private credit investor with selective NAV financing and GP financing capabilities, targeting similar high-quality PE managers and serving as an emerging alternative to 17Capital in European mid-market NAV transactions.
- Brightwood Capital Advisors: US-focused private credit manager specializing in NAV financing and GP support lending for middle-market PE sponsors, overlapping with 17Capital's North American NAV loan business.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
17Capital social profiles
Digital presence17Capital compliance and trust
Trust signalCompliance7 records
17Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
17Capital leadership team
Management profileNumber of profiles
Profiles19 records
17Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
17Capital M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about 17Capital
What does 17Capital do?
17Capital provides non-dilutive NAV (Net Asset Value) finance to private equity buyout funds, GP management companies, and institutional investors. Its offerings include NAV loans at the fund level (typically during the value-creation years of a buyout fund) and preferred equity, unsecured loans, and hybrid facilities at the management company/GP level for financing co-investment commitments, franchise growth, and succession planning. Capital is delivered through dedicated closed-ended funds — most notably Credit Fund 2 ($7.5bn) and Strategic Lending Fund 6 ($5.5bn) — and the firm has raised more than $24bn across eight funds since 2008.
Is 17Capital a public or private company?
17Capital is a private company. It is classified as management employee owned and is currently operating.
When was 17Capital founded?
17Capital was founded in 2008. It employs 11 to 50 people.
Where is 17Capital based?
17Capital is headquartered in London, United Kingdom, in the Europe region.
How does 17Capital make money?
One revenue line is on record: fund Management Fees and Carried Interest.
Who are 17Capital's main competitors?
Direct peers on record are Pemberton Asset Management, Alcentra, Crestline Investors, Marathon Asset Management and Hayfin Capital Management. Broad incumbents are Intermediate Capital Group (ICG), HPS Investment Partners and BlueBay Asset Management. Emerging players are Pollen Street Capital and Brightwood Capital Advisors.
Does 17Capital have an API?
No public API is recorded for 17Capital.
What industry is 17Capital in?
17Capital's product category is Private Credit / NAV Finance. Its primary akta.pro industry code is FSANAFAM, NAV-Based / Portfolio Finance (Liquidity for LPs/GPs), with a secondary code of FSAAAHAG, Private Credit / Direct Lending. Its NAICS code is 5259 and its SIC code is 6153.