“We typically invest as a significant limited partner and often serve as an advisory board member.”
Investment Criteria
Company Size (EBITDA)
Average Fund Commitment
Average Equity Co-investment
$10 mm - $100 mm
$30 mm - $75 mm
$10 mm - $100 mm
Disciplined Investment Focus:
We take a differentiated approach to sponsor relationships, specifically targeting those that seek value added partners and support for portfolio company financing needs. We employ a deliberate process to evaluate and underwrite fund investments, typically spanning three to eight weeks.
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Initial vetting & structuring
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Early assessment
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Full due diligence
Recent Equity Solution Transactions
News & Press
Crain’s Cleveland – Cleveland Investment Bank: M&A Financing will Remain Strong in 2016
CLEVELAND, December 11, 2015 – “The middle market will remain liquid, given the capital flowing into the space, regardless of interest rate hikes. 2016 appears bullish for both lenders and borrowers,” said Randy Schwimmer, a senior managing director at New York-based Churchill Asset Management, in the report.
The Mid Market and The Myth of Loan Liquidity
NEW YORK, December 3, 2015 – One of the enduring fictions about middle market loans relates to their tradability. Smaller loans, the theory goes, are priced at a premium because there are fewer ready buyers. Unlike their broadly syndicated cousins, loans below $250 million have no effective secondary market. That’s the idea, anyway.
Don’t Listen to the Talk, Mezz Definitely Isn’t Dead
NEW YORK, November 5, 2015 – These days it’s popular sport at loan conferences to kick the mezzanine asset class. After the credit crisis, when some investors in subordinated debt took a licking, the common question heard among market players was: “Is mezz dead?” Today the refrain is: “Is mezz still dead?” And yet, in conversations with practitioners, it seems mezz is alive and well.