JZ Equity Partners is seeking to raise its exposure to mezzanine debt while simultaneously reducing...
JZ Equity Partners is seeking to raise its exposure to mezzanine debt while simultaneously reducing exposure to preferred and common stock. The aim of the move is to raise the level of cash flow and dividends achieved by the trust's underlying portfolio while also reducing the level of risk by exiting from preferred stock. This exit will be achieved through a controlled realisation of existing equity investments over the coming 12-18 months.
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till