OakNorth has provided a bespoke capital call facility to Netley Capital, supporting Netley’s investment activity.
Netley Capital is a private investment firm focused on acquiring interests in secondary private equity funds, known as tertiary investing. Netley focuses on acquiring interests in secondary funds with underlying exposure to mid- and large-cap global private equity buyout funds.
Demand for such solutions continues to grow alongside the broader expansion of the secondary private markets. Netley is the only manager of scale fully dedicated to tertiary transactions, with the expertise to provide customised liquidity solutions on accelerated timetables.
The OakNorth facility will provide short-term bridging finance between investment execution and investor capital calls, enabling Netley to deploy capital efficiently while continuing to build its portfolio of tertiary investments.
“As our platform continues to scale, it was important to partner with a lender that understands both our investment strategy and the operational requirements of private markets investing. OakNorth demonstrated a clear understanding of our business from the outset, working collaboratively and efficiently to deliver a facility tailored to our needs.”
Caspar Berendsen, Managing Partner of Netley Capital
“Netley Capital has developed a highly differentiated strategy within private markets, backed by an exceptionally experienced leadership team with decades of investment and advisory experience across global private equity. We are delighted to support the Netley team with this bespoke capital call facility and look forward to building a long-term relationship as the platform continues to grow.”
Mohith Sondhi, Managing Director of Debt Finance at OakNorth
