Lamar Horne Promoted at PNC Mezzanine
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Lamar Horne Promoted at PNC Mezzanine

PNC NF2PNC Mezzanine Capital has promoted Lamar Horne to Senior Associate. “Lamar has made significant contributions to our firm, our portfolio and our team since he joined over five years ago. We are pleased to recognize his accomplishments and announce his promotion,” said PNC Mezzanine Capital Partner David Blair.

horne nfMr. Horne joined PNC Mezzanine Capital in June 2008. Previously he was an Analyst with Wachovia Securities in its Leveraged Finance Group where he worked on the underwriting and syndication of leveraged bank loans for middle market companies across a range of industries. Prior to Wachovia Securities, Mr. Horne worked as a corporate finance intern with UBS Investment Bank in its Technology Division. He is a graduate of Morehouse College with a concentration in Finance.

PNC Mezzanine Capital, a division of The PNC Financial Services Group, provides financing for buyouts, acquisitions, recapitalizations and growth for companies in a range of industries, including consumer and business services, niche manufacturing and value-added distribution.

PNC Mezzanine will invest from $10 million to $40 million per transaction, and can lead financings of up to $60 million. The group invests in companies with revenues greater than $20 million and EBITDA greater than $5 million. Investments will typically take the form of second lien debt, subordinated debt or subordinated debt with warrants, and preferred stock with a dividend. Equity investments will be considered in conjunction with a mezzanine investment. PNC Mezzanine Capital was founded in 1989 and is based in Pittsburgh (www.pncmezzanine.com).

© 2014 PEPD • Private Equity’s Leading News Magazine • 4-2-14

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