{"id":37262,"date":"2009-11-06T08:22:07","date_gmt":"2009-11-06T13:22:07","guid":{"rendered":"http:\/\/www.pehub.com\/?p=54923"},"modified":"2009-11-06T08:22:07","modified_gmt":"2009-11-06T13:22:07","slug":"steven-axel-to-lead-mezz-program-for-southfield-capital","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/37262","title":{"rendered":"Steven Axel To Lead Mezz Program for Southfield Capital"},"content":{"rendered":"

Steven Axel<\/strong> has joined private equity firm Southfield Capital Advisors<\/strong> as head of a new mezzanine fund, which is expected to be licensed as an SBIC and begin investing next year. He previously was a managing director with Calvert Street Capital Partners.<\/p>\n

PRESS RELEASE<\/span><\/strong><\/p>\n

Southfield Capital Advisors, a private investment firm focused on the lower middle-market, announced today that Steven Axel has recently joined the firm to lead in the formation of a new mezzanine fund. The mezzanine fund will apply to be licensed as a Small Business Investment Company and is expected to begin investing capital in 2010.<\/p>\n

Mr. Axel brings over a dozen years of mezzanine investing experience in the lower middle market. Most recently, he spent 8 years as a Managing Director at Calvert Street Capital Partners, where he co-founded and managed their mezzanine fund, which invested over $140 million in 23 companies. Prior to Calvert Street, Mr. Axel was a Partner at Canterbury Capital Partners, which managed two mezzanine funds totaling over $400 million.<\/p>\n

\u201cWe are very pleased to have someone of Steve\u2019s caliber to lead this effort\u201d, said Andy Levison, Founder of Southfield Capital.<\/p>\n

\u201cMezzanine investing is a natural extension of our private equity business, and Steve\u2019s background is highly complementary to our team\u2019s experience in private equity and leveraged lending.\u201d<\/p>\n

Mr. Axel\u2019s prior experience also includes underwriting leveraged financings at LaSalle Business Credit and consulting at Ernst & Young\u2019s Financial Advisory Services group, and he began his career at Arthur Andersen & Co. Mr. Axel holds a Bachelor of Science degree in Economics from the Wharton School at the University of Pennsylvania and a Masters of Business Administration in Finance and Management from Columbia Business School.<\/p>\n

About Southfield Capital<\/p>\n

Founded in 2005, Southfield Capital Advisors provides capital for majority recapitalizations and management-led buyouts of privately owned businesses. The firm has $150 million in committed capital and makes investments in North American companies generating $5-15 million in EBITDA with proven business models, attractive growth and profitability trends and solid leadership. Southfield Capital partners with superior management teams with the collective interest of generating exceptional long-term financial results. Headquartered in Greenwich, CT, Southfield Capital also has offices in Alexandria, VA and Louisville, KY. More information on Southfield Capital can be found at www.southfieldcapital.com<\/a>.<\/p>\n

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Steven Axel has joined private equity firm Southfield Capital Advisors as head of a new mezzanine fund, which is expected to be licensed as an SBIC and begin investing next year. He previously was a managing director with Calvert Street Capital Partners. PRESS RELEASE Southfield Capital Advisors, a private investment firm focused on the lower […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-37262","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/37262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=37262"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/37262\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=37262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=37262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=37262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}