OUR BUSINESS

Second Lien

The Second Lien Group offers secured and unsecured junior capital investments to support an array of financing needs across a variety of industries. With a nationwide focus, the Group brings a rich and successful heritage of junior capital investing to bear in all of its transactions. The Group’s primary focus is on syndicated junior capital opportunities sourced through the loan sales desks of the market’s growing junior capital arranger community. For a prompt review and a committed financial partner, please contact John Capperella at (212) 444-9320.

The Second Lien Group focuses on opportunities to engage in:

• Primary or secondary investments;
• A variety of capital needs:
  • Leverage Buyouts
  • Mergers & Acquisitions
  • Dividend Recapitalizations
  • Refinancing
  • Working Capital
  • Distressed Debt
• Mid-to-large cap transactions:
  • EBITDA ranging from $10 million to $500 million
  • Capital needs ranging from $10 million to $1 billion

The Second Lien Group provides:

• A credit-oriented approach that helps arrangers gain comfort with a deal that goes beyond that provided by the liquidity in the market.
• A “buy and hold” approach that enables borrowers to manage cyclical downturns free from the anxiety that could be introduced by more transient investors.
• An ability to leverage both internal financial and operational expertise where necessary.
• A team of seasoned professional with substantial experience and functional expertise.
  • Long cumulative history of lending across a wide range of industries
  • Large gamut of deal sizes; and
  • Experience with loans ranging from pure enterprise value deals through hard asset-based transactions.
• An ability and desire to hold significant portions of junior capital tranches—we can hold as much as $150 million or more on any given transaction.
• An ability to move quickly where and when needed—we can commit to a transaction within 7 days.