A type of debt that has a lower priority claim on a company's assets or cash flows than senior debt or equity. Junior debt may be used in private equity and venture capital to provide additional funding to a company or to structure an investment in a more favorable way for investors.
Model your fund on Tactyc today.
Build portfolio construction models
Add actual deals & compare performance with plan
Strategize future rounds and optimize reserves
Model probabilistic exit scenarios
Gather insights to improve fund performance
Track and request portfolio company KPIs
Create LP-ready reports