Once again, the mezzanine debt space has proved wrong the naysayers who foretold its demise. “There was a time in late 2015 when folks were declaring mezzanine dead,” Peter Antoszyk, a partner at law firm Proskauer, told PDI in February. “But it’s clearly not.”
That was then, and as of 27 September, US-focused funds with mezzanine or subordinated debt strategies had raised a total of $15.33
