{"id":5379,"date":"2023-11-30T09:02:06","date_gmt":"2023-11-30T09:02:06","guid":{"rendered":"https:\/\/afrikmanagement.com\/?p=5379"},"modified":"2023-11-30T09:02:06","modified_gmt":"2023-11-30T09:02:06","slug":"la-percee-du-nav-financing-inquiete","status":"publish","type":"post","link":"https:\/\/afrikmanagement.com\/index.php\/2023\/11\/30\/la-percee-du-nav-financing-inquiete\/","title":{"rendered":"La perc\u00e9e du NAV Financing inqui\u00e8te"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Des collectes laborieuses et un deal flow obstru\u00e9, le private equity est all\u00e9 chercher ailleurs des liquidit\u00e9s. Son nouvel outil se fait une place sur l\u2019\u00e9tag\u00e8re des pr\u00eateurs, mais attention au leverage sur du leverage\u2026<\/span><\/p>\n<p><span style=\"font-weight: 400;\">La m\u00e9canique du private equity \u00e9tant quelque peu gripp\u00e9e \u2013 18 % de sortie en France au premier semestre 2023 selon France Invest -, le manque de liquidit\u00e9 devient clairement le sujet br\u00fblant du moment pour l\u2019\u00e9cosyst\u00e8me. Avec le NAV Financing, certains fonds esp\u00e8rent pourtant avoir trouv\u00e9 la parade. Pour un grand nombre d\u2019entre eux, on assiste \u00e0 la naissance d\u2019un nouvel outil d\u2019ing\u00e9nierie financi\u00e8re dans la continuit\u00e9 de l\u2019Equity Bridge Financing (EBF) qui, en un peu plus de dix ans, s\u2019est impos\u00e9 dans l\u2019industrie.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Des collectes laborieuses et un deal flow obstru\u00e9, le private equity est all\u00e9 chercher ailleurs des liquidit\u00e9s. Son nouvel outil se fait une place sur l\u2019\u00e9tag\u00e8re des pr\u00eateurs, mais attention au leverage sur du leverage\u2026 La m\u00e9canique du private equity \u00e9tant quelque peu gripp\u00e9e \u2013 18 % de sortie en France au premier semestre 2023 selon France Invest -, le manque de liquidit\u00e9 devient clairement le sujet br\u00fblant du moment pour l\u2019\u00e9cosyst\u00e8me. Avec le NAV Financing, certains fonds esp\u00e8rent pourtant avoir trouv\u00e9 la parade. Pour un grand nombre d\u2019entre eux, on assiste \u00e0 la naissance d\u2019un nouvel outil d\u2019ing\u00e9nierie financi\u00e8re [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":5380,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economie"],"_links":{"self":[{"href":"https:\/\/afrikmanagement.com\/index.php\/wp-json\/wp\/v2\/posts\/5379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/afrikmanagement.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afrikmanagement.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/afrikmanagement.com\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/afrikmanagement.com\/index.php\/wp-json\/wp\/v2\/comments?post=5379"}],"version-history":[{"count":1,"href":"https:\/\/afrikmanagement.com\/index.php\/wp-json\/wp\/v2\/posts\/5379\/revisions"}],"predecessor-version":[{"id":5381,"href":"https:\/\/afrikmanagement.com\/index.php\/wp-json\/wp\/v2\/posts\/5379\/revisions\/5381"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afrikmanagement.com\/index.php\/wp-json\/wp\/v2\/media\/5380"}],"wp:attachment":[{"href":"https:\/\/afrikmanagement.com\/index.php\/wp-json\/wp\/v2\/media?parent=5379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afrikmanagement.com\/index.php\/wp-json\/wp\/v2\/categories?post=5379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afrikmanagement.com\/index.php\/wp-json\/wp\/v2\/tags?post=5379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}