End-of-life stage
- Financing early return of capital to LPs
- Continuation vehicles and stapled secondaries
Private markets debt advisory
Debt Advisory
Specialists operating across
private markets
What we do
Specialist advice across private markets
- We advise private markets asset managers on their debt and financing needs at both fund and GP level.
- Clients come to us to advise on and run the whole process from start to finish to arrange the finance needed.
- Our role is to obtain best terms, economic and non-economic, in an efficient and timely manner.
- Part of this is ensuring lender engagement. Lenders see huge number of deals, yet are always under resourced. They will engage most if they have confidence they can quickly understand the ask.
Fund Finance
Fund Finance, in its various guises, can add value at all stages of the lifecycle of a Private Credit Fund.
We are a market leader in assisting borrowers in defining their financing needs and in sourcing and structuring transactions in an optimal manner.
We support the delivery of competitively priced and robustly and flexibly structured financing solutions that allow borrowers to meet their requirements in an optimal manner.
“Supporting General Partners throughout the full life-cycle of a fund vehicle.”
Investment stage
- Portfolio Asset / Company financing
- Fund level NAV financing
- FX hedging
Launch stage
- Subscription Line facilities
- NAV hybrid facilities / bridge to NAV
Pre-launch stage
- GP capital for co-invest
- Warehouses for investments to be made pre-first close
What we do
Portfolio Company Finance
We understand and have experience in a wide range of debt products which enables us to structure the optimal financing structure in all situations e.g. ABL, senior debt, unitranche, junior capital and structured equity or hybrid solutions.”
We provide independent, objective and expert advice on financing for portfolio companies. This can be new or additional financing for growth, add-on acquisitions or refinancing /recapitalisation to “take money off the table” for shareholders; we also do ‘lender education’ or staple financing for sell-side processes and we understand the dynamics of M&A processes.
Why Use Ganymede?
- We have a very extensive network of close relationships with lenders – both banks and credit funds.
- We are in the market continuously and up to date with market conditions and the ‘art of the possible’; our role is to find you the best financing deal available in the market in terms of quantum, pricing, structure and flexibility. Lender appetites change continuously and your historic relationship lender may not be offering the best deal currently. Why not test the market?
- We understand a range of debt products which enables us to structure the optimal financing structure in all situations e.g. ABL, senior debt, unitranche, junior capital and structured equity or hybrid solutions.
- We place a high priority on sustainable structures that address transaction requirements as well as ensuring all stakeholders achieve their financing objectives.
- Our fees are very competitive and largely success-based – ask us for a quote!
Process
- We provide senior level attention throughout and we are agnostic on sources of capital and only motivated to deliver the best deal for the Borrower and to match you with the right financing partner.
- We offer a ‘one-stop shop’ service and can manage the entire financing process with as much or as little involvement from your financing team as desired.
What we do
Strategic Equity Finance
GPs can often be left with material stakes in listed or pre-IPO stakes - financing against these “Strategic Equity” posititions can be an extremely discrete and efficient method to extract liquidity to generate funding for new business or LP distributions.
We are expert in arranging, structuring and advising on strategic equity solutions for all asset owners.
- margin loan financing with or without credit enhancement;
- option based financing with embedded downside protection;
- other structured financing transactions including swaps, structured notes, and repos; and acquisition, disposal, risk management and yield enhancement strategies
The over-arching premise is to utilise the strategic asset to generate liquidity that can enhance returns by either lowering the financing cost of investment, returning capital to investors or being further reinvested.
The value proposition
This is an extremely niche area where lenders face significant complexities due to the concentrated nature of the risk and often legal and regulatory aspects specific to each jurisdiction.
Our market-leading product expertise, significant cross-border and multi-jurisdiction experience combined with our extensive relationships with both bank and non-bank lenders, uniquely positions us to deliver the best possible structure and terms whilst also meeting the borrowers strategic objectives.”
About us
Experienced lenders. Practical advisers.
“We simply get our clients better, more usable debt finance.”
90+
$4bn+
300+
A to Z
Why work with us
“We offer our clients a combined 90 years’ worth of specialist debt expertise. We fully integrate with our client’s team and deepen existing skills”
Securing better terms:
- Lower pricing, higher advance rates, better covenant flexibility and terms.
- Faster execution.
Lender Flux:
- Opening up a much wider universe of lenders, from different segments (insurance, private credit, securitisation etc.).
Securing lender focus:
- Even the biggest lending desks are under-resourced, and see too many deals. They need to be able to say “no” quickly.
- Lenders have confidence in us - that we will succinctly describe the whole risk ask upfront and not waste their time.
Internal workload:
- Running a fund finance process start to finish can be very time and resource consuming.
- We take over this time burden, including setting up post closing reporting processes.
Our team
Senior experience on every mandate
Managing Director
Gareth James
Experience
- Former Global Head of Fund Derivatives and Finance at Deutsche Bank.
- Former Global Head of Alternative Asset Solutions at UBS Investment Bank.
- Founder and CEO of Trium Capital, a multi-strategy private markets asset manager.
- Qualified Solicitor, practised securitisation and structured finance with Lovells.
- MA in Mathematics from the University of Cambridge.
Contact
Email
gjames@ganymedecapital.com
Landline
+44 (0)20 3897 0951
Managing Director
Ken Goldsbrough
Experience
- Over 30 year career in corporate lending, leveraged finance and debt capital markets.
- Former Head of European Debt Advisory at Duff & Phelps, Houlihan Lokey and Greenhill.
- Former head of UK Corporate Banking at BNP Paribas, head of TMT and Head of Media and Comms at Barclays and GE Capital.
- Former Chairman of the Trustees of the Paribas Limited Pension Fund.
- MA in Modern History from the University of Oxford.
Contact
Email
kgoldsbrough@ganymedecapital.com
Landline
+44 (0)20 3897 0952
Managing Director
Paul Nix
Experience
- Near 30 year career overseeing trading desks in Fund Finance and Fund Derivatives.
- Former Head of NAV Fund Financing at Deutsche Bank.
- Former Head of Fund Financing at BNP Paribas.
- BSc in Economics and Finance from Brunel University.
Contact
Email
paulnix@ganymedecapital.com
Landline
+44 (0)20 3897 0952
Contact us
Continue the conversation
Ganymede Capital Limited
Berkeley Suite35 Berkeley Square
London W1J 5SF
© Ganymede Capital Limited. Registered in England and Wales, company number 06828594.
Legal & Regulatory InformationGanymede Capital Limited
Legal & Regulatory Information
Company Information. This website is operated by Ganymede Capital Limited, a company incorporated in England and Wales under company number 06828594. Its registered office is Berkeley Suite, 35 Berkeley Square, London W1J 5SF.
Regulatory Status. Ganymede Capital Limited provides corporate debt advisory and related strategic advisory services to institutional market participants. The firm does not undertake activities requiring authorisation by the Financial Conduct Authority and is therefore not authorised or regulated by the FCA. Nothing on this website should be interpreted as implying that Ganymede Capital Limited is authorised to carry on regulated activities within the meaning of the Financial Services and Markets Act 2000.
Intended Audience. This website is intended solely for institutional market participants, including lenders, fund managers, private capital firms, corporate borrowers and other Professional Clients or Eligible Counterparties. It is not intended for Retail Clients. Persons accessing this website are responsible for ensuring that doing so is permitted within the jurisdiction from which they access it.
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Accuracy of Information. Whilst Ganymede Capital Limited endeavours to ensure that the information contained on this website is accurate and up to date, no representation or warranty, express or implied, is made regarding its accuracy, completeness or suitability for any particular purpose. Information, opinions and market views reflect judgement at the date of publication and may change without notice. Ganymede Capital Limited undertakes no obligation to update any information contained on this website.
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Last updated: July 2026