MFC Capital Funding exceeds $100 million in Commitments; Announces New Website
CHICAGO - (October 4, 2005) - MFC
Capital Funding announced today that since its founding in February 2005 they have
completed ten transactions totaling over $100 million in commitments. “The market
reaction has been tremendous”, MFC Capital Funding’s President & CEO, Joe Gaffigan said.
“We knew the lower middle market was being underserved,” he continued, “smaller lower
middle market private equity funds have been searching for a reliable leveraged lender
who was interested in financing their portfolio businesses. We hope to fill that void.”
Since its founding, MFC Capital Funding has hired eleven experienced
employees with plans to increase to fifteen employees by mid 2006. The company focuses
on providing senior debt with commitments ranging from $5 million to $25 million with a
focus on $5 million to $15 million in the form of sponsor backed cash-flow multiple
loans and growth asset-based structures. MFC Capital Funding also provides complementary
one-stop mezzanine financing as well as select equity co-investments and private equity
fund investments.
Separately, MFC Capital Funding also announced today the unveiling of
their new expanded website www.mfccapitalfunding.com.
MFC Capital Funding is an affiliate of Marquette Financial Companies
a $1.3 billion diversified financial services holding company comprised of specialty financial
service businesses. Marquette Financial Companies is part of the Carl Pohlad family’s
diverse business holdings, which also include significant interest in the beverage industry,
real estate, and ownership in Major League Baseball’s Minnesota Twins. |