Symposium 2007 finds a market that is mature in terms of products - such as second lien loans and warrantless all-in-rate subordinated debt - and in terms of providers - such as BDCs, hedge funds and CLOs that barely participated five years ago. A heavily competitive market has forced a change in the traditional roles of middle market financiers. Senior lenders are providing mezzanine; some mezzanine funds are providing equity, while others are providing second lien and senior term debt; BDCs and other specialty finance companies are providing everything. New products such as one-stop loans and full enterprise financings are on the rise. Is it a quest for asset deployment or pursuit of higher returns? Are the lines defining risk blurring? What will the middle market be like by Symposium 2012?

• Will the convergence of providers continue?
• What will happen to deal structures?
• Is it a sign of too much money chasing too few deals?
• Are risks exacerbated or mitigated by holding more of a company's capital structure?
• Are underwriting standards the same up and down the balance sheet?
• What are "enterprise solutions" and the implications of financing 100% of the capital structure?

MODERATOR:
David Deutsch, President, David N. Deutsch & Company LLC

SPEAKERS:
David Gezon - Senior Managing Director, Midwest Mezzanine Funds
John M. Buley, Jr. - Chairman, JPM Mezzanine Capital, LLC
Jeri Harman - Managing Director, Allied Capital