NYPPEX arranges credit facilities for unregistered equity and debt securities collateral which includes single interests or portfolios of private equity partnerships, hedge funds and private companies.

Prospective borrowers include:

	Private partnerships
	Endowments and foundations
	Public pension funds
	Private companies (or their shareholders)
	Institutions such corporations, financial institutions, insurance companies, endowments and foundations
	Advisors
	Broker-dealers
	Family offices

Motivations to borrow include:

	To manage risk of concentrated holdings
	To generate cash distributions
	To generate cash reserves for future capital rounds
	Access to liquidity without incurring gains or losses from sales
	As a bridge to an expected event such as the closing of a capital round or exit event
	To generate cash without disturbing long term relationships with general partners or companies which may result from a sale
	To add leverage and seek incremental returns

Eligible US and non US private partnerships whose restricted interests may collateralize a margin loan from NYPPEX include venture, private equity, buyout, hedge (hedge funds), mezzanine, debt, secondary private equity, distressed, energy, natural resources, currencies etc. Legal structures include limited partnerships, limited liability companies, funds of funds, trusts, offshore etc. Eligible US and non US private companies include those suitable for venture, private equity, buyout, and debt fund portfolios.

Credit Facilities are categorized as follows:

	Single Interest Loans – A collateralized loan based on a single interest in a private fund or company (min. $25 million).
	Portfolio Loans – A collateralized loan based on interests in multiple private funds or companies (min. $25 million).