Mezzanine Funds See Opportunity In Asian Funding Gap

"Mezzanine funds are popping up in Asia these days as companies look for alternative sources of capital amid a sluggish initial public offering market and tightened bank lending.

'Seller expectations remain stuck in 2007 while banks' appetite for leveraged deals has diminished,'said David Eich, partner at Kirkland & Ellis in Hong Kong."

This article appeared in its entirety in the June 30, 2008 edition of Dow Jones International News.