NAV Finance
What is NAV Financing?

  • Loans to private market funds for funding acquisitions, equity injections, or capital distribution. Loans are collateralized by the fund’s assets

  • Focus on low LTV (10-20%) financing single PE funds and (30-50%) to secondaries funds  

Fund Finance through the life cycle of a fund

 

Why invest?

Target yield of
Euribor +200 – 350 bps*

Diversification to alternative risk drivers

High asset coverage and strong structural protection resulting in solid investment grade risk profile

*Target yield are gross yields as observed in current market circumstances. Target yields may be subject to change.

Why Aegon AM?

 

  • Strong track record

    • Over €4 billion in Fund Finance investments in both Capital call facilities and NAV Finance

    • No credit migration, no credit losses to date

  • Sourcing and Alignment

    • Aegon AM offers co-investing next to strategic investors within Aegon Group  

    • Proven origination strategy through bank network, creating alignment of interest with key lenders in the market

    • Preferred partner of choice based on longstanding relationships and execution certainty

  •   Proprietary credit underwriting and ESG analysis and monitoring

Fund information

 

Sicav raif to be launched in 2026, subject to regulatory approval