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Carnegie NAVsec

Specialist search for NAV financing and secondaries.

A dedicated talent advisory division for the fastest-growing corner of private capital, connecting private equity and private credit funds with the professionals who understand NAV financing and the secondaries market.

A dedicated division

Built for a market that has outgrown generalist search.

The secondaries market has grown rapidly, and NAV-based financing has become an established tool for managers seeking liquidity without disrupting their portfolios. The professionals who genuinely understand these markets remain scarce, and fiercely contested.

Carnegie NAVsec exists for precisely this reason. It is a specialist talent advisory division of Carnegie Consulting, providing executive search across the NAV financing and secondaries markets for private equity and private credit, from Associate through to Partner.

The division sources specialised professionals for both buy-side and sell-side mandates across Europe and the United States.

Leadership

The candidates who move this market are rarely on the market. Knowing them, and being known by them, is the whole game.

That conviction shapes how the practice works, under the leadership of a Director with more than twenty years in financial services and executive search.
JH

James Holm

Director, Carnegie NAVsec

What we cover

Deep coverage of a specialised market.

Four dimensions define the practice: the products, the strategies, the clients and the geographies where this market lives.

01

NAV financing

Search for the professionals structuring, originating and managing NAV-based facilities, a market that has moved from niche to mainstream as managers seek liquidity against portfolio value.

02

Secondaries

Coverage across LP-led and GP-led secondaries, continuation vehicles and preferred equity, for one of the fastest-growing corners of private capital.

03

Private equity & private credit

Mandates for funds on both sides of the market: the investors deploying capital and the advisory and capital solutions teams serving them.

04

Europe & the United States

A transatlantic practice, reflecting where the NAV financing and secondaries markets are deepest and where the competition for proven talent is most acute.
A dedicated division

Both sides of the transaction, Associate to Partner.

Buy-side

Investment professionals for funds deploying into NAV financing and secondaries strategies, from origination and execution through portfolio management.

Sell-side

Advisory, capital solutions and coverage professionals for the firms structuring and intermediating transactions in these markets.
Free guide

Guide to a Career in GP-Led Secondary Investing

Why GP-led secondaries have become one of the most dynamic corners of private markets, the career paths the market offers, and how to prepare for interviews. It is written for professionals with two to four years’ experience in investment banking or M&A.

Enter your details and we will email you the guide.
The report will be sent to your email address.

“A specialist division for a specialist market, because the talent that understands NAV financing and secondaries cannot be found with a generalist search.”

For fund managers

Expanding your NAV financing or secondaries capability?

Whether you are building a new team or strengthening an established one, we would welcome a confidential conversation about the market and the talent within it.
Speak to the NAVsec team
For candidates

Exploring opportunities in this space?

From Associate to Partner, we represent professionals across NAV financing and secondaries in Europe and the United States. Conversations are always confidential.
Register your interest
Common questions

About Carnegie NAVsec.

What is Carnegie NAVsec?

Carnegie NAVsec is a specialist talent advisory division of Carnegie Consulting focused on recruitment within the NAV (Net Asset Value) financing and secondaries markets for private equity and private credit. It is led by Director James Holm.

The division provides executive search from Associate through to Partner, connecting funds with proven finance and investment professionals at every level of the market.
Yes. Given the rapid growth of the secondaries market, the team sources specialised professionals for both buy-side and sell-side mandates across Europe and the United States.
NAV financing and secondaries demand a rare combination of structuring, fund finance and investment expertise, and the pool of proven professionals is small. A dedicated practice with genuine market knowledge reaches candidates a generalist search simply cannot.
Looking for our broader private capital practice? Explore Private Equity
Begin a conversation

A specialist market deserves a specialist partner.

Speak to Carnegie NAVsec about hiring, or your next move, in NAV financing and secondaries.
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  • Established 2006
  • London ·
  • New York ·
  • Luxembourg
  • Discreet & confidential