FOCUS: Dealmaking PE firms, hedge funds turn to DIY financing (from Financial Week)

“The subordinated debt and mezzanine capital players in our market have stepped up in a big way,” said Jay Sherwood, senior managing director at RSM EquiCo Capital Markets, which focuses on smaller deals. “Yes, it's more expensive in terms of the cost of capital, but in terms of getting a deal done, sometimes it's the critical linchpin.”