Investment Firm 17Capital Successfully Closes Strategic Lending Fund 6 at $5.5 Billion Mark
In a significant milestone, 17Capital, a global leader in Navigation (NAV) finance, has successfully closed its Strategic Lending Fund 6 with approximately $5.5 billion in commitments. This makes it one of the top five largest private credit funds closed in 2025[1][2][3][4].
The fund, which follows the successful $2.9 billion close of Fund 5 in July 2021, brings 17Capital’s total NAV finance fundraising to an impressive $19 billion since its inception[1][3]. This impressive figure underscores the firm's commitment and success in the NAV finance market, a sector it pioneered since 2008.
The fund attracted a global, blue-chip investor base, including pension funds, insurance companies, sovereign wealth funds, prominent family offices, and endowments. These investors hail from various regions, such as North America, Europe, the Middle East, and Asia[1]. This diversity in geographical coverage underscores broad international confidence in the fund and the NAV finance market.
Fund 6 primarily provides non-dilutive, flexible financing solutions to private equity management companies (GPs) to support larger GP commitments, franchise growth, and succession plans[2]. This strategy aligns with that of previous 17Capital Strategic Lending funds.
Notably, Fund 6 is the first fund raised by 17Capital since its strategic partnership with the global credit specialist Oaktree, which likely adds further strength and credibility to its investor and operational base[1].
Half of the existing portfolio in Fund 6 is invested with US managers. Since opening its New York office in 2016, 17Capital has deployed over $6 billion across more than 30 US investments[5].
Part of the carried interest from the Fund will be pledged to Epic, a nonprofit organisation dedicated to aiding disadvantaged youth[1]. This philanthropic move further cements 17Capital's commitment to social responsibility.
In summary, 17Capital's Strategic Lending Fund 6 has performed strongly based on its recent fundraising and market impact. This success and the structure of the fund indicate strong market confidence and expanded adoption of NAV finance in private equity, highlighting 17Capital’s leadership in this niche[1][2][3][4].
References: [1] 17Capital Press Release, 2025 [2] Private Equity International, 2025 [3] Pensions & Investments, 2025 [4] Financial Times, 2025 [5] 17Capital Internal Data, 2022
- The successful closure of 17Capital's Strategic Lending Fund 6, with approximately $5.5 billion in commitments, demonstrates their continued success in the finance industry, particularly in private equity investing and business growth.
- The diverse investor base of Fund 6, comprising institutional investors from various regions such as North America, Europe, the Middle East, and Asia, underscores the growing international confidence in NAV finance and 17Capital's leadership in this specific sector.
