TheLeadLeft

Lead Left Interview - Doug Cruikshank & Rafael Castro

This week we speak with Doug Cruikshank, Managing Partner and Rafael Castro, Director, Enhanced Capital. Enhanced Capital is a small business investment firm focused on established lower middle market companies often overlooked by traditional sources of capital due to location or size. The Lead Left: Gents, not many people may have heard of Enhanced Capital,…

Chart of the Week - Off The Shelf

The universe of private equity backed companies in the US has leveled off, but still represents significant opportunities for future deal-making. Source: PitchBook

Private Equity is Done…Well, Not Quite (Part One)

It was apparently too much for Jerry. With things over-frothy in the buyout market, mega deals proliferating and purchase price multiple escalating, the co-founder of the largest buyout shop in the world announced he was leaving to start his own smaller practice. In moving on, Jerry said in an interview he would look for more…

The Cargo Pants Strategy

How much direct lending capacity is in the middle market? Welcome to one of the most frequently asked (and most challenging) questions in the world of leveraged lending. Several factors make this question topical. First, banks are being forced to scale back their ambitions in “risky loans” as regulators bury them with restrictions. Non-regulated entities…