👻 Ghoul morning and happy Halloween to our LinkedIn friends! We’ve been haunted by one goal this spooky season: to take the pumpkin-carving crown! The Hark team took a moment to see if its NAV finance structuring experience translates to pumpkin structuring. You be the judge! 👻
About us
Founded in 2013, Hark is a pioneer in providing creative, non-dilutive solutions for sponsors and LPs covering multiple stages of the fund lifecycle structured to support clients’ objectives, while keeping the interests of GPs and LPs aligned. Since inception, Hark has deployed over $1.5 billion across 125+ investments. Hark’s flexible, easy to use capital facilities are typically secured by either the unrealized NAV from existing funds or undrawn LP commitments. Separately, Hark also provides non-dilutive loans to management companies of sponsors. The loans are based on the sponsor’s committed fee and capital deployed fee streams (management fee, GP Commits, Carried Interest). We tailor solutions to meet sponsor’s strategic capital needs including seed capital to new strategies, warehouse deals for new funds, succession planning, and increased vehicle co-investment. Hark Capital was acquired by P10 Holdings, Inc. in September 2021. P10 is a leading, specialized multi-asset class private markets solutions provider, offering a comprehensive suite of niche-oriented private equity (RCP Advisors), private credit (Five Points Capital), venture capital (TrueBridge Capital Partners), and impact investing strategies (Enhanced Capital).
- Website
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http://www.harkcap.com
External link for Hark Capital
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 11-50 employees
- Headquarters
- New York, New York
- Type
- Privately Held
- Founded
- 2013
- Specialties
- NAV-Based Loans, Portfolio Financing, Fund Leverage, Bridge Loans, Sponsor Backed Loans , Turnaround Financing, Fund End of Life Loans, NAV Loans, Management Company Loans, GP Financing, and NAV Lending
Locations
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Primary
299 Park Avenue
36th Floor
New York, New York 10171, US
Employees at Hark Capital
Updates
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Hark Capital reposted this
I'm speaking at SuperReturn North America 2024, taking place on November 12-13 at The Marriott Marquis, Times Square, New York! Register now and use my code FKR3562INGOSPK to save 10% on your booking: https://lnkd.in/eRvii3Ea #SRNA SuperReturn
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Our Managing Partner, Doug Cruikshank, will be featured at SuperReturn North America on a panel entitled "Pathways to liquidity: The Evolution of Fund Finance". The discussion will cover the relevant questions GPs and LPs are asking as they navigate today's private markets landscape including: How are GPs using fund finance and NAV loans to facilitate AUM growth and source liquidity for portfolio companies? How can managers use NAV lending on behalf of LPs to unlock liquidity? What are the questions investors are asking when structuring NAV loans? Are they becoming more comfortable with leverage at the company level? Who are the key providers of debt and how do they get comfortable with the lending risks? How big is the market going to get? We encourage everyone to come and learn about the evolution of fund finance. #FundFinance #NAVFinancing #NAVLoan #NAVLoans #ManagementCompanyFinancing #MANCOLoans #PortfolioFinance #Leverage #NAV #Liquidity #ValueCreation #PrivateEquity #PrivateCredit #GrowthEquity #PrivateMarkets
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Hark Capital extends our thoughts and prayers to all those affected by the natural disasters impacting the southeastern U.S. To all of our partners in Florida and the surrounding areas, we stand with you during this difficult time. Please make every effort to ensure you and your family's safety during these difficult times.
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Hark Capital reposted this
We were honored to participate in our parent company P10, Inc.’s Investor Day, where our President and CEO, Michael Korengold, discussed P10’s Private Credit Solutions. P10’s Private Credit Solutions bring together the expertise of Enhanced Capital, Five Points Capital, Hark Capital, and Western Technology Investment (WTI). Each firm offers specialized capabilities across the private credit spectrum, leveraging years of subject matter expertise to serve the middle and lower-middle markets. The event also featured a detailed overview of P10’s strategic vision, investment strategies, growth opportunities, and financial outlook, followed by an interactive live Q&A session. We encourage you to watch the replay to learn more about our role in P10’s private markets strategies and our commitment to delivering value through focused, specialized expertise. Skip to 0:39:10 in the replay to catch Michael’s presentation: https://lnkd.in/eJip82rM #PrivateCredit #P10InvestorDay #AlternativeInvestments
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Hark Capital reposted this
Last week, DISI held the third installment of our annual benefit reception. This year's audience at the benefit reception included 95 secondary professionals representing 45 institutions covering secondaries, GP Stakes, and Portfolio Financing. This year we featured a panel focused on chartering your personal path to entrepreneurship within the liquidity solutions markets. Trey Muldrow (Weil, Gotshal & Manges LLP) moderated the panel which included Chris Robinson (Proskauer Rose LLP), Gerald Cooper (Campbell Lutyens), and Howard Sanders (Auldbrass Partners) representing the legal advisory, financial advisory, and secondary investment verticals within the liquidity solutions market, respectively. We want to thank all of the attendees and most notably our sponsors. This event would not be possible without the sponsorship contributions of Nigel Dawn and the Evercore team, Chris Robinson and the Proskauer Rose LLP team, Gerald Cooper and the Campbell Lutyens team, Josef Menasche and the Goldman Sachs team, Ackneil M. Muldrow, III (Trey) M. Muldrow, III (Trey) and the Weil, Gotshal & Manges LLP team, Joi Y. Bourgeois (She/Her/Hers) and the Kirkland & Ellis team, Darren Schluter and Rachel B. and the PJT Partners team, Rafael Castro and the Hark Capital team, and Howard Sanders and the Auldbrass Partners team. #privateequity #privatemarkets #secondaries #secondarymarket #diversityequityinclusion #investments #privateequityfirms #blackprofessionals #students #diverse #network #networking #privatecapital #endowment #endowment #fundraising #fundmanagement #funds #capitalraising #capitalmarkets #venturecapital #infrastructure #buyout #privatecredit #scholarship #diversityandinclusion #universities
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We are proud to support our director Peter Wright in his tireless efforts to build a collective community within the liquidity solutions market across NAV Financing, Secondaries, and GP Stakes. #PrivateEquity #PrivateCredit
Last week, I was honored to have hosted the third installment of the annual benefit reception for the Diversity in Secondaries Initiative ("DISI"). DISI is a nonprofit organization I established in 2021 dedicated to promoting and elevating diverse professionals within the liquidity solutions market. This year's audience at the benefit reception included 95 secondary professionals representing 45 institutions covering secondaries, GP Stakes, and Portfolio Financing. This year we featured a panel focused on chartering your personal path to entrepreneurship within the liquidity solutions markets. Trey Muldrow (Weil, Gotshal & Manges LLP) moderated the panel which included Chris Robinson (Proskauer Rose LLP), Gerald Cooper (Campbell Lutyens), and Howard Sanders (Auldbrass Partners) representing the legal advisory, financial advisory, and secondary investment verticals within the liquidity solutions market, respectively. I want to thank all of the attendees and most notably our sponsors. This event would not be possible without the sponsorship contributions of Nigel Dawn and the Evercore team, Chris Robinson and the Proskauer Rose LLP team, Gerald Cooper and the Campbell Lutyens team, Josef Menasche and the Goldman Sachs team, Ackneil M. Muldrow, III (Trey) and the Weil, Gotshal & Manges LLP team, Joi Y. Bourgeois (She/Her/Hers) and the Kirkland & Ellis team, Darren Schluter and the PJT Partners team, Rafael Castro and the Hark Capital team, and Howard Sanders and the Auldbrass Partners team. #privateequity #privatemarkets #secondaries #secondarymarket #diversityequityinclusion #investments #privateequityfirms #blackprofessionals #pe #diverse #network #networking #privatecapital #endowment #endowment #fundraising #fundmanagement #funds #capitalraising #capitalmarkets #venturecapital #infrastructure #buyout #privatecredit #scholarship #diversityandinclusion
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Hark Capital reposted this
ION Analytics recently featured an insightful chat between Giovanni Amodeo and Doug Cruikshank, Managing Partner & Founder of Hark Capital, on opportunities and trends in NAV Financing. Doug shared how Hark Capital helps private equity firms navigate financial challenges through creative, non-dilutive solutions. Key highlights covered leveraging portfolio assets, identifying underperforming companies, and the growing importance of NAV loans in private equity. https://lnkd.in/eH5zavwX #NAVLending #NAVLoans #FundFinance #PrivateDebt
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Hark Capital reposted this
ION Analytics recently featured an insightful chat between Giovanni Amodeo and Doug Cruikshank, Managing Partner & Founder of Hark Capital, on opportunities and trends in NAV Financing. Doug shared how Hark Capital helps private equity firms navigate financial challenges through creative, non-dilutive solutions. Key highlights covered leveraging portfolio assets, identifying underperforming companies, and the growing importance of NAV loans in private equity. https://lnkd.in/eH5zavwX #NAVLending #NAVLoans #FundFinance #PrivateDebt
Doug Cruikshank, Managing Partner & Founder at Hark Capital, on opportunities in NAV Financing
https://ionanalytics.com
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Hark Capital's Founder and Managing Partner, Doug Cruikshank, recently sat down with Giovanni Amodeo of ION Analytics and Debtwire to explore alternative financing strategies in today’s capital markets. The discussion centered on innovative ways to navigate financing challenges, particularly in private equity. Click below to listen to the full episode. https://bit.ly/3MzXQ89 #NAVFinance #PrivateCredit #NAVFinancing #NAVLoans #FundFinance #PrivateDebt #ManagementCompanyFinancing #ManagementCompanyLoans #PrivateEquity #GrowthEquity #PortfolioManagement #ValueCreation #Debtwire #IonAnalytics
Doug Cruikshank, Managing Partner & Founder at Hark Capital, on opportunities in NAV Financing
https://ionanalytics.com