Facts

Focus

Mezzanine debt primarily used to finance middle-market buyout transactions

Geographies

Primarily North America

Investment Size

Generally $25 to $75 million

Investment Approach

As one of the largest investors in the mezzanine market, DLJ Investment Partners ("DLJIP") pursues a conservative, credit-oriented mezzanine investment strategy that it has successfully employed since 1995. DLJIP typically invests in subordinated debt, which is senior in a company’s capital structure to common stock, providing a significant current return and downside protection. In addition, DLJIP’s investments will often include an equity component that creates the opportunity for increased returns.