Mezzanine in private equity

Mezzanine now plays a critical role in financing private equity transactions and has grown dramatically in recent years. It has also emerged as an attractive sub-sector of the asset class for institutional investors. This latest AltAssets report looks at the drivers for its recent growth in Europe and North America and its medium-term prospects. It explores the risk/reward profile of mezzanine and the outlook for returns. And it analyses the institutional appetite for the product. The study also discusses the different types of mezzanine providers, the changing population, and the shape of the industry going forward.