News & Insights

Fund Finance in a Downturn

August 3, 2023

Market downturns caused by a tightening credit cycle should continue to boost demand for NAV lending, says Crestline's Dave Philipp.

How will an economic downturn affect NAV lending? What about rising inter­est rates? Understandably, there is an ongoing downturn debate in the fund finance industry. Economic downturns that stem primarily from an increase in interest rates and overall capital cost have different effects on market partic­ipants with access to dry powder, ver­sus those that do not. This is true for companies, funds and LPs. Companies with access to dry powder are better positioned to source good acquisition opportunities and are more resilient during performance challenges.

Download a PDF of the full article.

Interested in Seeking Capital

Contact us to learn how we apply creativity and flexibility to our capital solutions.

Join Our Team

Strong partnerships with customers start with the right colleagues.