Triple Point has launched a new funds finance strategy, offering net asset value financing, subscription line facilities and general partner lending to mid-market private equity managers.
The investment group said the strategy will enable it to deliver end-to-end capital solutions, ranging from asset-level credit to fund-level liquidity.
Read more: Triple Point property loans increase by a fifth
“Triple Point’s entry into funds finance is a natural progression of its private markets strategy, complementing its established product suite and building on a track record of supporting the mid-market for over a decade,” said Adam Heaysman (pictured), who has been appointed head of the funds finance strategy at Triple Point.
Heaysman previously built and led fund finance platforms at Raiffeisen Bank International and Alpha Group, and earlier worked in the funds finance team at Lloyds Bank.
Read more: Triple Point: We’ve seen record inflows since the UK budget
“Adam brings the pedigree, network and experience to drive this strategy forward, drawing on his deep understanding of private equity dynamics,” said Sean Brophy, chief commercial officer for private markets at Triple Point. “With his appointment, we’re well placed to support clients seamlessly, from financing portfolio companies to providing fund-level liquidity, and we’re excited to bring this capability to market.”
Read more: LendInvest founder’s firm inks funding line with Triple Point
