Home Mezzanine

mezzanine

Move over, mezzanine

Unitranche finance has become one of the most popular private debt strategies in recent years, but has it displaced its rivals? John Bakie investigates

Darby Latin American private credit vehicle hits $300m hard-cap

The vehicle, managed by Darby Overseas Investments, will be used to invest in mid-market companies with at least some of their revenue in US dollars.

NMSIC to vote on $75m investment into real estate debt fund

The investment committee will vote tomorrow at its monthly meeting to potentially invest in the Brookfield Senior Mezzanine Real Estate Finance Fund.

What are the most popular strategies?

Distressed fundraising falls back as senior debt funds lead.

Aggregate Debt Advisory launches €500m Germany real estate debt fund

The mezzanine fund will seek out core residential opportunities across Germany.

Fewer private debt vehicles hit the road

While little has changed in terms of strategy distribution, there are fewer managers seeking capital compared to this time last year, PDI data show.

Three deals put Idinvest on course to full deployment by year end

Three investments of both unitranche and mezzanine bring the fund closer to full investment.

Falcon seeks $725m for structured equity

The mezzanine debt firm is targeting both US and international investors, according to SEC filings.

CFOs Forum: Private equity diversifying into credit

New entrants into private debt are hunting for yield in a competitive landscape that is technically complex.

Building deeper foundations

In the years after the financial crisis, real estate debt funds stepped in to plug gaps left by the banks. But as banks have continued to retreat, private funds have extended their reach. John Bakie reports

Copyright PEI Media

Not for publication, email or dissemination