Subject: Opportunity in Mezzanine Debt: A Discussion with Highbridge Capital – Jan. 23 at 12 noon
From: "Mason, Christopher W" <[email-masked]>
To: "Mason, Christopher W" <[email-masked]>
Date: Wed, 11 Jan 2012 16:31:45 +0000

J.P. Morgan cordially invites you to a special presentation
Highbridge Mezzanine Fund II
With
Scot French
Partner, Highbridge Principal Strategies

Private credit markets continue to offer investors a significant premium over public markets.  As such, lenders are not only able to generate attractive coupons but also command investor protections in conservative capital structures.  With rising US leveraged buyout volumes, demand for mezzanine capital is expected to remain strong – especially against a backdrop of a smaller lending community and relative absence of the CLO (“Collateralized Loan Obligation”) market.
Highbridge Principal Strategies (“HPS”), a subsidiary of Highbridge Capital Management, LLC (“HCM”), seeks to launch Highbridge Mezzanine Fund II (“Fund II”) to take advantage of the current market environment for mezzanine debt capital.  HPS has assembled an experienced credit team of 17 professionals1, led by Scott Kapnick and Scot French.

Fund II is expected to be a continuation of Highbridge’s successful strategy in Highbridge Mezzanine Fund I, which has invested in 24 portfolio companies since 2008.  Fund II will seek to lend approximately $3 billion to large companies with stable cash flows.

Scot French.  Mr. French is a Partner at HPS. Prior to joining HPS in 2007, Mr. French spent three years at Citigroup as a Managing Director and Head of Private Investments for Citigroup Global Special Situations, a credit-focused, on-balance sheet proprietary investment fund managing over $8 billion globally. Within Citigroup Global Special Situations, Mr. French managed a $1.5 billion portfolio of private mezzanine and private equity investments in North America, Europe and Latin America. Prior to joining Citigroup, Mr. French worked for Goldman Sachs from 1999 to 2004 and focused on mergers and acquisitions as well as high-yield capital markets. Previously, Mr. French worked in the mergers and acquisitions group at Salomon Brothers Inc. from 1994 to 1999 and for Price Waterhouse from 1992 to 1994. Mr. French graduated from the University of Illinois with a BS in Accounting and Finance and has earned a CPA.

Monday, January 23, 2012
Lunch Presentation
12:00 p.m. – 1:30 p.m.

Sofitel Washington DC Lafayette Square
Paris Ballroom
806 15th Street, NW
Washington, DC

Complimentary parking is available at the Sofitel Washington DC Lafayette Square

Please reply to Rachel Curry at [email-masked] or 202.533.2104
by Thursday, January 19, 2012

Christopher W. Mason
Vice President
Banker

J.P. Morgan | 800 Connecticut Ave. NW | Washington D.C. 20006
Office 202.533.2110 | Fax 202.533.2124 | [email-masked]<mailto:[email-masked]>
NMLS ID: 821714

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