Mezzanine funding a compelling long-term opportunity in India: KKR's Henry McVey
Private equity major KKR & Co feels that India's nascent mezzanine market offers one of the most compelling long-term opportunities. In a report titled 'India: Unlocking the Demographic Dividend' by KKR's head of global macro & asset allocation, Henry H. McVey, said Indian corporates would help expand this market as they look at more sophisticated instruments.
"Interestingly, of all the private initiatives we saw during our visit, we believe that the initiative by private equity and other financial intermediaries to develop mezzanine credit instruments, often with some equity upside, is among the more compelling long-term opportunities," said McVey's report, adding that investors...
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