17Capital closes Credit Fund 2 at $7.5bn with Arendt advising

"Arendt advised long-standing client 17Capital on the closing of its second NAV lending fund, raising $7.5 billion (including affiliated mandates) — the largest NAV fundraise to date. The fund provides NAV loans to high-performing private equity managers in Europe and North America to support portfolio growth, refinancing and interim liquidity for investors. The Arendt team was led by partners Camille Bourke, Lynn Alzin and Yves Philippart de Foy, with counsel Madia Camara and a cross-practice team."