New funds launch



A number of firms launched new funds last month. Dresdner Anschutz Mezzinvest (DAM), a joint venture between Dresdner Kleinwort Wasserstein and the Anshutz Investment Company, will invest in the growing European mezzanine debt sector.

DAM will focus on DrKW-arranged transactions and is aiming to originate €500 million worth of transactions in its first year of operation.

“The differentiating factor in a more competitive mezzanine market is not the size of a fund, but its capacity to originate and

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