The substitution of less liquid assets for more liquid assets (investments). This constitutes a reallocation tactic whereby investors sell what…
A subordination of mezzanine capital whereby a lender contractually agrees to be subordinated to another. A borrower effectuates this though…
A distinct sub-asset class (actually, a type of private equity) that is used to fill the funding gap between senior…
A form of return that is used to measure the performance of an investment, reflecting the amount of money that…
An investor who takes a passive role in the management of the company in which he has a large stake…
An investor who takes an active role in the management of the company in which he has a large stake…
A private equity fund which focuses on mezzanine financing, i.e., it uses subordinated debt with some degree of equity participation…
In relation to a fund/ a portfolio (also, private equity investments), it is the discount rate that equalizes the initial...
It stands for modified internal rate of return; in relation to a fund/ a portfolio (also, private equity investments), it is...
It stands for modified internal rate of return; in relation to a fund/ a portfolio (also, private equity investments), it is...