As private equity firms navigate a challenging exit environment and longer holding periods, ORIX USA’s Head of GP Solutions Jed Johnson recently spoke with Miles Weiss, author of Deadline Disclosures, to discuss growing role of NAV financing in helping fund managers continue to drive long-term value creation in the current market environment.
Highlights from Jed:
- “In an environment where funds are holding onto companies longer because the exit environment is challenged, a NAV loan can help that sponsor continue to invest in the growth of its portfolio companies,” said Jed Johnson, who oversees investments in fund financing and continuation funds as the head of GP solutions for ORIX USA. That helps the portfolio companies “continue to improve in value and be attractive exit candidates as the exit market starts to improve.