Alex Branton interviewed by The Global Legal Post on NAV lending for family offices

The Global Legal Post has published a Q&A with Alex Branton, Chief Investment Officer of Nodem Capital, on NAV lending for family offices. The interview covers what a NAV loan actually secures, why a pledge over the holding company rather than the fund interests avoids most transfer restrictions, how facilities are priced and sized, and where cross-border structures create friction.

It also looks at how family offices have moved from using NAV facilities as an emergency tool to using them as a portfolio tool, and at what ILPA’s 2024 guidance on NAV facilities does and does not cover for a borrower that is an LP rather than a fund.

Read the full interview on The Global Legal Post: NAV lending for family offices: a lender’s view of structure, collateral and cross-border friction