

As an investor in mezzanine capital, you are, in effect, lending subordinated debt capital to companies. Your return consists of a superior level of interest income as well as the opportunity to additionally participate in the performance of the company receiving the mezzanine funding (the so-called 'equity kicker').
Mezzanine capital – once the reserve of institutional investors – is now open to private investors on the German capital markets thanks to the investment concept developed by BHF-BANK and VCM Capital Management GmbH. The business press warmly welcomed this innovative product, awarding us accolades such as 'Best product idea 2004'.
Due to its low correlation with trends on the international capital markets, mezzanine capital can play a key role in diversifying your portfolio.