19 Sep, 2008
Posted by: dbarnitt In: Financial| Financial Crisis| Mezzanine Funds
The events unfolding in the financial markets are truly unbelievable as venerable firms fall by the wayside. Lehman, Bear, Merrill, AIG are iconic names, pillars of modern finance. Like most industries, this consolidation will lead to more fragmentation with smaller specialist firms filling the gaps. This upheaval is likely to lead to massive risk avoidance [...]
18 Sep, 2008
Posted by: dbarnitt In: Financial| Financial Crisis
One of my scarier observations about this week’s events is the politicizing of the financial crisis. Both candidates are doing their fair share of using the disaster to further their own candidacies. There are a large number of reasons for this financial crisis. I for one am not bright enough to boil it down to [...]
13 Sep, 2008
Posted by: aneeb In: Capital Funding| Mezzanine Debt| Mezzanine Debt Financing
Growth mezzanine describes the use of mezzanine debt in a new and non traditional way. Most mezzanine debt is used as the middle layer of capital in a three layered, buy-out transaction as depicted below. This structure is used when business owners are selling their businesses.
Attract Capital has taken mezzanine debt in a new direction [...]