Over the years, the demise of mezzanine has been predicted countless times. Robust cash flow senior debt markets, prolific BDCs, and private equity groups funding mezzanine themselves have all caused the pundits to suggest that the end of mezzanine is near.
Federal, state and local pay-to-play rules present a quagmire of risk for investment advisers who seek to engage in the political process. Here are 10 best practices to help you through the labyrinth.
Unitranche loans are not so simple anymore--but that may just be a good thing for borrowers.
Shareholder Representative Services has contributed the next installment of their Q&A series that highlights successful exits. Conrad Clemson is the former founder and CEO of BNI Video, which was acquired by Cisco; the transcript is below. Q : What factors led you to found BNI Video? Before BNI, I worked at a company called Broadbus Technologies Inc., […]
Are lenders playing fair when they demand sponsors put more cash into a deal simply to do an add-on acquisition that could easily be financed with debt?
Thursday's guest columnist looks back at the VCs who first saw Facebook's potential.
John Bogush talks about how PE owners can address operational challenges in 2012 and beyond.
Paul Buckman, former CEO and president with Pathway Medical Technologies, talks about the hurdles to clear on the way to an exit.
The Wall St. Journal reported recently that Morgan Stanley was king of the tech IPO world and they had topped the underwriter charts with $115 million in revenue. That’s good news? Is this a sign of health in the Tech IPO world? I spent many years leading many IPOs at Robertson Stephens, we were a […]
We all know that interest rates are incredibly low. The three month Libor continues around 30 bps., an extremely low level designed to spur growth in the economy. Yet, other than asset-based loans priced at L+200 to 300, loans to middle-market companies continue to be expensive, and have not declined nearly in proportion to the […]