Betsy Zeidman, Director, Center for Emerging Domestic Markets, and Research Fellow, Milken Institute
Rafael Pastor, right, of Vistage International says, "Many of our members are finding that it is easier to borrow from local and regional, sometimes community banks than it is from the big national firms, and that's because they have a relationship with those banks." At left are John Bohn of the California Public Utilities Commission and Wally Hunter of EnerTech Capital Canada.
As the economy slowly starts to recover, investment opportunities in small and medium-sized businesses (those with $5 million to $1 billion in annual revenues) are emerging. Providing capital to these companies can provide attractive risk-adjusted returns to investors while helping to rebuild a critical segment of the U.S. economy. The credit crunch has definitely increased the challenge for these firms in accessing conventional debt and equity capital, but innovative strategies are providing new structures and sources of capital that engage institutional investors in small and medium-sized businesses. This interactive session explores fresh solutions, including specific products - such as revenue participation certificates, and partnerships that leverage institutional, public and philanthropic capital - and ideas contributed by attendees.
Global Conference 2013
Former Prime Minister Tony Blair, philanthropist Bill Gates and Strive Masiyiwa of Econet Wireless discuss advancing prosperity in Africa.
