Family Offices

Family Offices

Family Offices

Family Offices

Non-dilutive liquidity in weeks.

FCA Authorised

FCA Regulated

Asset manager authorised by the UK FCA

Institutionally Backed

Institutionally Backed

Backed by Lepercq Group & optimised for family offices

Meaningful Transaction Scale

Transaction Scale

Transactions between $5m $100m+

Global Capability

NAV financing for complex, global multi-asset portfolios

What is a NAV facility?

What is a NAV facility?

A family office (FO) NAV facility is generally a term loan in which a lender provides financing (debt or preferred equity) against a FO portfolio’s Net Asset Value. 


NAV providers may seek to obtain a security interest directly over investment assets (e.g., a pledge of interests in a subsidiary vehicle established to hold the investments) or a security interest supported by those assets (e.g., a pledge of deposit accounts into which proceeds are deposited).

A family office (FO) NAV facility is generally a term loan in which a lender provides financing (debt or preferred equity) against a FO portfolio’s Net Asset Value. 


NAV providers may seek to obtain a security interest directly over investment assets (e.g., a pledge of interests in a subsidiary vehicle established to hold the investments) or a security interest supported by those assets (e.g., a pledge of deposit accounts into which proceeds are deposited).

A family office (FO) NAV facility is generally a term loan in which a lender provides financing (debt or preferred equity) against a FO portfolio’s Net Asset Value. 


NAV providers may seek to obtain a security interest directly over investment assets (e.g., a pledge of interests in a subsidiary vehicle established to hold the investments) or a security interest supported by those assets (e.g., a pledge of deposit accounts into which proceeds are deposited).

A family office (FO) NAV facility is generally a term loan in which a lender provides financing (debt or preferred equity) against a FO portfolio’s Net Asset Value. 


NAV providers may seek to obtain a security interest directly over investment assets (e.g., a pledge of interests in a subsidiary vehicle established to hold the investments) or a security interest supported by those assets (e.g., a pledge of deposit accounts into which proceeds are deposited).

Why are so many family offices using NAV facilities?

Why are so many family offices using NAV facilities?

NAV financing allows a family office to unlock strategic capital without selling assets prematurely via high-friction secondary processes. It is the ultimate tool for liquidity management. 


Another major attraction of many NAV facilities is that their interest rates are better aligned with the illiquid nature of the underlying assets. Many facilities do not require annual cash interest payments, with lender returns generated through accruing Payment-in-Kind (PIK) interest.

NAV financing allows a family office to unlock strategic capital without selling assets prematurely via high-friction secondary processes. It is the ultimate tool for liquidity management. 


Another major attraction of many NAV facilities is that their interest rates are better aligned with the illiquid nature of the underlying assets. Many facilities do not require annual cash interest payments, with lender returns generated through accruing Payment-in-Kind (PIK) interest.

NAV financing allows a family office to unlock strategic capital without selling assets prematurely via high-friction secondary processes. It is the ultimate tool for liquidity management. 


Another major attraction of many NAV facilities is that their interest rates are better aligned with the illiquid nature of the underlying assets. Many facilities do not require annual cash interest payments, with lender returns generated through accruing Payment-in-Kind (PIK) interest.

NAV financing allows a family office to unlock strategic capital without selling assets prematurely via high-friction secondary processes. It is the ultimate tool for liquidity management. 


Another major attraction of many NAV facilities is that their interest rates are better aligned with the illiquid nature of the underlying assets. Many facilities do not require annual cash interest payments, with lender returns generated through accruing Payment-in-Kind (PIK) interest.

Related case studies

Related case studies

Related case studies

Related case studies

Why Nodem?

Why Nodem?

Founded on the expertise of our Managing Partner, Alex Branton—formerly of Cambridge Associates—Nodem was built to serve the world’s most sophisticated family offices. We combine deep institutional knowledge with a specialised ability to underwrite complex, multi-asset portfolios. Where traditional private banks see friction, we see opportunity— aiming to deliver flexible, tailored term sheets within 2–3 weeks.


Nodem is itself backed by a leading family office, Lepercq Group, founded in 1936 as the American Investment branch of Banque Schlumberger. Throughout its history, Lepercq has been driven by three core values shared by Nodem: trust, innovation and flexibility.

Looking for liquidity?

Looking for liquidity?

Looking for liquidity?

Looking for liquidity?

London Office
Nodem Ltd

1a Britannia Street

London

United Kingdom

WC1X 9JT

Nodem Ltd is authorised and regulated by the Financial Conduct Authority, FRN 1017481. Company number 15661530. Nodem Ltd is registered in England and Wales under company number 15661530.


This website is for informational purposes only and does not constitute an offer, solicitation, or recommendation to sell or an offer to purchase any securities, investment products, or investment advisory services. This website and the information set forth herein are current as of 4 June 2025 and are not intended to provide investment recommendations or advice.

London Office
Nodem Ltd

1a Britannia Street

London

United Kingdom

WC1X 9JT

Nodem Ltd is authorised and regulated by the Financial Conduct Authority, FRN 1017481. Company number 15661530. Nodem Ltd is registered in England and Wales under company number 15661530.


This website is for informational purposes only and does not constitute an offer, solicitation, or recommendation to sell or an offer to purchase any securities, investment products, or investment advisory services. This website and the information set forth herein are current as of 4 June 2025 and are not intended to provide investment recommendations or advice.

London Office
Nodem Ltd

1a Britannia Street

London

United Kingdom

WC1X 9JT

Nodem Ltd is authorised and regulated by the Financial Conduct Authority, FRN 1017481. Company number 15661530. Nodem Ltd is registered in England and Wales under company number 15661530.


This website is for informational purposes only and does not constitute an offer, solicitation, or recommendation to sell or an offer to purchase any securities, investment products, or investment advisory services. This website and the information set forth herein are current as of 4 June 2025 and are not intended to provide investment recommendations or advice.

London Office
Nodem Ltd

1a Britannia Street

London

United Kingdom

WC1X 9JT

Nodem Ltd is authorised and regulated by the Financial Conduct Authority, FRN 1017481. Company number 15661530. Nodem Ltd is registered in England and Wales under company number 15661530.


This website is for informational purposes only and does not constitute an offer, solicitation, or recommendation to sell or an offer to purchase any securities, investment products, or investment advisory services. This website and the information set forth herein are current as of 4 June 2025 and are not intended to provide investment recommendations or advice.