Source Talks ep. 38

On this episode, Brice Baradel of Highview Capital discusses their evergreen fund structure and how they use technology to inform travel planning and prioritize the most relevant bankers to meet with.

Q4 2022 Mezzanine Market Perspective

Mezzanine activity for the LTM period ending September 30th increased approximately 12% YoY from 335 deals to 375 deals. Compared to the previous quarter (Q2 2022), deals including mezzanine debt slightly increased, from 86 to 87 in Q3 2022. The slight increase in mezzanine deal activity correlates with the slight increase of private equity sponsored deal volume, which increased 3% from 1,329 deals in Q2 2022 to 1,368 deals in Q3 2022.

Sponsors Bid Defiance to Deal Slowdown, Predict Strong 2023

Forty-five percent of private equity professionals in a recent poll said they expected to consummate as many platform deals in 2023 as they did this year. Nearly a third, or 30 percent, expected to do more, while a quarter, or 26 percent expected do fewer.