A recent panel of independent sponsors and advisors said an emphasis on smaller transactions and personal relationships is helping them find deals in a tough market. Independent sponsors, who typically raise money for each deal rather than investing out of a fund, say they are finding plenty of opportunities and taking on larger deals, even with a broader market slowdown.
“Our market here is pretty much on fire,” Russ Spieler, co-founder and managing partner of investment and advisory firm Enceladus Partners, said at a webinar hosted by Expert Webcast.
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