Mezzanine
AlpInvest Partners mezzanine team focuses on investing in direct transactions with leading mezzanine and equity general partners. We provide mezzanine capital in connection with both leveraged buyouts and later-stage growth financings and our program is a natural extension of our private equity activities. As such, it broadens the availability of capital to our GP relationships and the investment scope we offer to our investors.
Our investment strategy is to build a well-diversified portfolio of mezzanine investments across a broad range of industries and geographies alongside a range of GPs. We invest across a broad array of securities including senior notes, subordinated debt, preferred stock and common stock. We maintain a flexible approach, pursuing syndications, co-underwriting and lead-arranging transactions. The average size of our investments is approximately €35m but we have the ability to invest up to €75m in each individual transaction.
AlpInvest Partners offers:
- Dedicated team with significant transaction experience
- Efficient and transparent decision making process
- Significant access to capital with close to €2 billion commitments received
- Ability to fully underwrite transactions
- Global scale with the ability to fund in multiple currencies
AlpInvest Partners has invested €900 million in 44 mezzanine transactions since 2001.