Are mezzanine funds making a comeback?
The launch of 123 Venture’s latest mezzanine fund, the €100m Trocadero Capital Transmission II, is the second mezz fund launch this year with CIC Mezzanine III. In parallel, the number of mezzanine funds reaching final close has declined from 6 in 2010 to just one each in 2011 and so far in 2012, according to unquote data".
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Lenders sway fate of auctions in volatile LBO market
Vendors increasingly sounding out lenders before bidders to navigate uncertain M&A landscape
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