As head of the alternative investment team, she managed a team of 10 professionals and was responsible for all fund, direct private equity co investment and mezzanine debt
opportunities sourced from TIAA's relationships with fund managers.
The investment was made by Babson Capital Australia Pty Ltd (Babson Capital Australia), a wholly owned subsidiary of Babson Capital based in Sydney, as trustee and manager of the BCA Mezzanine Debt
will focus on investments in mezzanine debt
and equity securities of middle-market companies located primarily in Australia and New Zealand as well as select developed countries in Asia, including Hong Kong, Japan, Singapore, South Korea and Taiwan.
Maranon's investment consisted of $28 million of senior revolving credit and term debt and $10 million of mezzanine debt
The transaction involved highly complicated senior and mezzanine debt
, and all of the separate pieces needed to close simultaneously.
Ares Capital Corporation invests primarily in first and second lien senior loans and mezzanine debt
, which in some cases includes an equity component, and, to a lesser extent, in equity investments in private middle market companies.
Since the inception of RCG Longview in 1999, the managers, Peter Cohen and Michael Boxer (Ramius Capital Group, LLC), Jeffrey Feil and Jay Anderson (The Feil Organization), Morton Olshan (Mall Properties), and Jon Estreich (Estreich & Company) have originated more than $750 million in real estate mezzanine debt
and other related instruments through RCG Longview fund vehicles.
In addition to being a direct provider of mezzanine debt
and equity capital, Commercial Alliance Group, Inc.
a Japanese trading company, where he was responsible for the origination of mezzanine debt
in a variety of institutional property types.
Since close, the pool has migrated towards more whole loans and A notes (to 58% from 39%), and less B notes, second mortgages, mezzanine debt
, and preferred equity (to 35% from 42%), and maintained its exposure to commercial real estate collateralized debt obligation securities (7%).
Carlton is providing senior mortgage and mezzanine debt
acquisition financing for the buyer.
The firm focuses not only on equity investment but is also an active provider of subordinated mezzanine debt
across all property types, including commercial, hospitality and residential properties.