In this week's Fund Fanatics episode, hosts Scott Aleali and Jeff Maier speak with Jed Johnson, Head of GP Solutions at ORIX USA. ORIX is an alternative asset manager and investor with a 40+ year history and $85B in assets. The GP Solutions Team, led by Johnson, provides credit solutions to private equity funds and management companies with a focus on the middle market.
Some topics covered include:
Examples of NAV loans being originated and associated use of proceeds.
Beyond the headlines of NAV loans being used as an early distribution to limited partners.
Should we expect ILPA to release its recommendations soon on transparency and use cases for NAV loans?
Fund borrowings fully covered by recallable distributions? Don’t call it a Hybrid!