Private markets
Debt Advisory
Specialists operating across
private markets
We structure, arrange and execute tailored financing solutions for our private markets clients.
Why Ganymede
Our value proposition
“We simply get our clients better, more usable debt finance.”
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Why Ganymede
“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.
Practice areas
Specialist advice across private markets
We advise private markets clients across three core financing areas.
Select a practice area below to explore more.
Practice areas
Fund Finance Solutions
“Supporting our Private Equity, Private Credit, Real Estate, Infrastructure and Fund of Fund General Partner clients, as well as specialist lenders, throughout the full life-cycle of their vehicles.”
End-of-life stage
- Financing early return of capital to LPs
- Continuation vehicles and stapled secondaries
Investment stage
- Portfolio Asset / Company financing
- Fund level NAV financing / back leverage
- FX and interest rate 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
Practice areas
Corporate and Asset Finance
We advise private equity sponsors, family offices and privately owned businesses on debt financing for acquisitions, growth, refinancing and recapitalisations.
Sponsor backed companies
- Bolt-on acquisitions & strategic growth.
- Dividend recaps and leveraged/management buyouts.
- Improving existing debt terms and optimising capital structures.
Private & Entrepreneur owned
- Growth capital and acquisition financing.
- Working capital.
- Improving existing debt terms and optimising capital structures.
Real Estate
- Financing for investment assets.
- Development finance for new projects, capex or refurbishment.
- Bridging Finance for transitional assets.
- Refinancing and recapitalisaton.
Infrastructure
- Acquisition and recapitalisation for operational infrastructure assets.
- Financing for greenfield projects with strong equity sponsorship and protections (EPC, offtake etc.).
- Our sectors include energy transition, transport, defence and digital infrastructure.
Practice areas
Strategic Equity Finance
Financing against concentrated listed or pre-IPO equity positions can release liquidity without requiring an outright disposal of the underlying investment.
What is strategic equity finance?
- Financing secured against a concentrated listed, pre-IPO or otherwise strategic equity holding.
- Allows the asset owner to raise liquidity while retaining some or all of the economic exposure.
Who uses it?
- Private equity and private markets GPs holding material stakes following an IPO or other exit event.
- Founders, family offices, corporates and other long-term shareholders with concentrated positions.
Common structures
- Margin loans, with or without credit enhancement.
- Option-based financing with embedded downside protection.
- Swaps, repos, structured notes and other bespoke financing arrangements.
Typical objectives
- Generate funding for new investment, business growth or LP distributions.
- Reduce the financing cost of an investment or support acquisition and disposal strategies.
- Manage downside risk while preserving strategic flexibility.
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
Andrew Glynn
Experience
- Former UK Head of Strategic Equity & Financing at HSBC Bank plc.
- Founder of HSBC’s priority sponsor NAV lending platform, targeting the bank’s largest international sponsor clients.
- 25+ years’ of investment banking and capital markets experience across structured and alternative asset finance as well as fund, equity, credit and interest rate derivatives.
- Qualified Solicitor, practiced structured finance, project finance, securitisation and derivatives at Linklaters and Milbank.
- MA in Geography from the University of Cambridge.
Contact
Email
aglynn@ganymedecapital.com
Landline
+44 (0)20 3897 0950
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.
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Last updated: July 2026