Private Equity Secondary Credit Lines and NAV-Based Facilities
Flexible Liquidity for GP-Led Secondaries and LP Buyouts
Secondaries require speed and certainty. FG Capital Advisors arranges NAV-based credit lines to support LP buyouts, tender offers, and continuation vehicles. Our lending solutions provide flexible, non-dilutive capital backed by fund net asset value.
Private equity secondaries are increasingly complex. GPs and secondary buyers need liquidity to complete transactions, manage exits, or support new investment periods. Our credit lines are designed for sponsors and managers with clear asset visibility, offering term-driven, NAV-secured lending tailored to private market realities.
GP-Led Secondary Liquidity
Credit solutions for continuation vehicles, tender offers, and partner buyouts. Available to fund sponsors and managers.
Secondary Buyer Credit Lines
Leverage NAV to access short-to-medium term liquidity. Helps buyers complete secondary acquisitions without full equity outlay.
Flexible Facility Structures
Term and revolving facilities designed around portfolio composition, cash flows, and underlying asset maturity.
Non-Dilutive Capital Access
Maintain control and avoid premature asset sales. NAV credit lines provide capital without giving up ownership.
Institutional Lender Network
Deep relationships with NAV lenders, private credit funds, and structured capital providers across North America, U.K., and U.A.E.
Led by Private Markets Specialists
Managed by senior capital markets professionals familiar with GP-led secondaries, continuation funds, and complex NAV facilities.
We support funds managing $100M–$2B+ in AUM seeking NAV credit solutions. Our clients include secondary funds, GP-led continuation vehicles, and fund sponsors across private equity, real estate, and special situations. Transactions require audited NAV reporting and qualified assets.
Origination Fee
$200,000 Flat Fee
Paid at engagement. Covers lender targeting, term sheet negotiation, credit structuring, and execution oversight.
Lender Fees
Borrower Paid
Interest, draw fees, and fund-level costs negotiated directly between borrower and lender. FG Capital receives success fee from lender.
Typical Facility Size
$10M–$250M+
Our lenders focus on mid-size to large NAV deals where asset visibility and fund governance meet institutional standards.
FAQ
What is NAV-based lending?
NAV credit facilities provide loans secured against the net asset value of fund investments — not GP or management equity.
Can the credit be used for new investments?
Generally no. Facilities are structured for secondary liquidity — LP buyouts, tenders, continuation vehicles — not primary deals.
What is the typical closing timeline?
4–12 weeks depending on asset complexity, lender underwriting, and fund legal structure.
FG Capital Advisors acts as arranger and capital introduction agent only. We do not lend directly. All credit facilities are offered by regulated institutional lenders subject to full diligence and approval. Engagement does not guarantee funding. Fees are non-refundable upon engagement.
