Hunter Point Capital raises $4.3 billion for private markets financing funds

Private equity firms are looking for new ways to unlock capital without selling assets, and investors are paying attention.

Hunter Point Capital (HPC), an investment firm focused on providing capital solutions to alternative asset managers, announced Monday that it has closed the inaugural vintages of its NAV Lending and Preferred Solutions strategies with a combined $4.3 billion in commitments. The fundraising exceeded its original targets, pushing the firm’s total assets under management and commitments to roughly $10 billion.

The raise marks a significant milestone for Hunter Point Capital as demand grows for financing options that provide private market managers with liquidity without forcing asset sales in uncertain market conditions.

Founded in 2020 by Avshalom Kalichstein and Bennett Goodman, Hunter Point Capital has moved quickly to establish itself as a player in private markets financing. The firm’s latest $4.3 billion raise will support its NAV lending and preferred equity strategies, collectively known as GP Financing Solutions.

The two strategies form the foundation of the firm’s GP Financing Solutions (GPFS) platform, which provides net asset value (NAV)-based loans and preferred financing to investment managers. These financing structures have become increasingly popular across private markets as firms seek more flexibility in managing portfolios, supporting acquisitions, funding growth initiatives, and addressing liquidity needs.

According to Hunter Point Capital, the GPFS platform has completed 13 transactions since its launch.

The financing business sits alongside the firm’s GP Stakes platform, which acquires ownership interests in alternative asset managers and provides operational support across fundraising, business development, talent management, and purchasing initiatives.

The expansion into financing reflects a broader shift taking place across private markets. As private equity firms hold investments for longer periods and traditional exit markets remain uneven, managers have been exploring alternative sources of capital. NAV lending, once considered a niche financing tool, has moved into the mainstream and attracted growing interest from institutional investors seeking exposure to private market credit opportunities.

“This milestone marks a step change in our evolution from a GP stakes firm to a scaled solutions platform, enabling us to support more GPs across a broader range of strategic initiatives,” said Avi Kalichstein, Chief Executive Officer and Co-founder of Hunter Point Capital. “We see rising demand for flexible financing solutions throughout private markets, and we believe GPFS is built to anticipate and address these evolving needs. We are deeply grateful for the continued trust that our investors place in us and for the opportunity to help our GP partners achieve their long-term goals.”

The commitments came from a globally diversified group of limited partners, according to the company.

Founded to back alternative asset managers with capital and strategic support, Hunter Point Capital has steadily broadened its offerings beyond traditional GP stake investments. With approximately $10 billion in assets under management and commitments following the latest fund closes, the firm is positioning itself to serve a larger share of the financing needs emerging across private markets.

The successful fundraising arrives as private equity, private credit, and other alternative asset classes continue to attract institutional capital, creating opportunities for firms that can provide liquidity and financing solutions across the investment lifecycle.