Commercial real estate debt finances property across a range of sectors including office, industrial and retail, with security provided by the property itself.

Infrastructure debt finances social and economic projects which often have monopoly-like characteristics, providing investors with uncorrelated, high quality cash flows.

Private corporate lending can take many forms. Large corporates sometimes prefer to borrow privately to circumvent the constraints of public market issuance, and loans to mid-size corporates.

NAV-Based Loans to Support Sponsor Portfolio Companies

Hark Capital is an innovative provider of financial solutions for sponsors and their portfolio companies providing non-dilutive loans to the portfolio companies of sponsors in situations that would typically require equity.

The loans are based on the sponsor’s NAV, not the credit profile of the individual portfolio company. No uncalled capital is required. Since 2013, we have completed over 30 investments working with private equity funds, distressed PE and growth equity / VC firms.

We provide credit facilities to private equity funds so that they can bridge investment requirements without having to draw capital from their investors. The benefits across stakeholders include operational efficiency, enhanced internal-rate-of-returns (IRRs) and, in turn, less negative returns in the early years of an investment.

Why are we offering fund financing to investors:

• We have a good short-term liquidity profile, targeting both investment grade and credit-rated facilities
• This is deemed a low risk strategy given recourse against a diversified base of institutional investors, with no evidence of historic defaults
• We have a history of delivering strong risk-adjusted returns

To find out more, please contact Shelley Morrison, Senior Investment Director, shelley.morrison@abrdn.com or Ben Steele, Director, ben.steele@abrdn.com.