This week we speak with Mark Gold, chief executive officer/chief investment officer, Hillmark Capital Management LLC and its affiliate NewMark Capital LC. Hillmark is a NY-based investment management firm focusing on broadly syndicated loans through CLO vehicles. The Lead Left: Mark, it’s been a while since we checked in on you. How large is the firm…
This week we continue our conversation with Michael J. Hall, managing partner at Yukon Capital Partners. Yukon provides mezzanine capital to middle market businesses with a focus on deals controlled by private equity sponsors. Second of two parts – View part one The Lead Left: How did equity co-investments get started? Michael J. Hall: It wasn’t always a feature,…
This week we speak with Michael J. Hall, managing partner at Yukon Capital Partners. Yukon provides mezzanine capital to middle market businesses with a focus on deals controlled by private equity sponsors. The Lead Left: Mike, how long has Yukon been around? Mike Hall: In February, 2008, Bill Dietz and I left Norwest Mezzanine to start Yukon….
This week we continue our conversation with Scott Gluck, counsel at Venable LLP. Venable is a law firm with 600 attorneys in nine US offices. Scott assists private equity funds on a variety of corporate, legislative and regulatory matters.Second of two parts – View part one The Lead Left : Is there anything of interest in the…
This week we speak with Scott Gluck, counsel at Venable LLP. Venable is a law firm with 600 attorneys in nine US offices. Scott assists private equity funds on a variety of corporate, legislative and regulatory matters. The Lead Left: Scott, tell us about your role at Venable. Scott Gluck: Thanks, Randy. My practice focuses on federal government…
This week we continue our conversation with Robert Grunewald, chief investment officer at BDCA Advisor, LLC. BDCA (Business Development Corporation of America) is a BDC focused on senior debt investments in middle market companies. Second of two parts – View part one TLL: Waive fees to preserve the dividend for investors? That is unusual. BG: With almost $2 billion…
This week we speak with Robert Grunewald, chief investment officer at BDCA Advisor, LLC. BDCA (Business Development Corporation of America) is a BDC focused on senior debt investments in middle market companies. The Lead Left: Bob, please give us a little of your background. Bob Grunewald: I’m the CIO for BDCA Advisors. We manage…
This week we continue our conversation with David Preston, managing director in the Structured Products Research group at Wells Fargo Securities. David covers CLOs, CDOs and Commercial ABS, and publishes a widely-respected report, The CLO Salmagundi. Second of two parts – View part one The Lead Left: OK, thanks. So you were saying on volume… DP: Yes, so $3 billion,…
This week we speak with David Preston, managing director in the Structured Products Research group at Wells Fargo Securities. David covers CLOs, CDOs and Commercial ABS, and publishes a widely-respected report, The CLO Salmagundi. The Lead Left: David, CLOs were left for dead last year with all the regulatory pressures they seemed to be facing,…
This week we continue our conversation with Justin Kaplan, Partner, Balance Point Capital Partners, a lower-middle market investment firm with offices in Westport, CT and Hartford, CT. Second of two parts – View part one The Lead Left: Cov-lite? For a $5 million ebitda business? Justin Kaplan: When I say “cov-lite,” I mean that mezz investors usually get three or…