Diligence memo · auto-generated · as of July 2, 2026
Nelnet Student Loan Trust 2009-1
Nelnet Student Loan Trust 2009-1 looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Nelnet Student Loan Trust 2009-1 operates in Other, based in Wilmington.
Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Nelnet Student Loan Trust 2009-1 has raised $295M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $295M on 2009-03-26.
Most recent recorded round closed around 2009-03-26.
Valuation (modeled)modeled
Provath models Nelnet Student Loan Trust 2009-1 at approximately $5.1B (range $1.7B–$11.1B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.31× the median modeled value of Series D+ Other companies in 2007–2009 (21 peers) — value vs value, same stage and era. Within the normal band (131% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 17.3 yr ago; this sector typically re-raises about every 11 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 99% of Other peers (25015 compared).
Modeled value ranks above 99% of those peers.
Closest niche peers: Prime Infrastructure Trust 2, Prime Infrastructure Trust, Prime Infrastructure Holdings Ltd, BEN Holdings, Inc., Alliance Laundry Equipment Receivables Trust 2009-A.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Broad sector classification weakens peer comparison.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.