Middle Choices: The Case for Mezzanine Debt
November 3, 2020
More than at any other time in history, mankind faces a crossroads. One path leads to despair and utter hopelessness. The other, to total extinction. Let us pray we have the wisdom to choose correctly.
– “My Speech To the Graduates” by Woody Allen, August 10, 1979
The world right now feels polarized but the middle path offers opportunity. In this piece, we discuss how mezzanine debt provides a powerful solution to the challenges traditional fixed income investors face today.