Building a Lower Middle-Market Credit Powerhouse, with Marilyn Adler and Liddy Karter

Marilyn Adler and Liddy Karter identified a gap where credit fund managers were getting larger and the lower middle market was getting ignored. They combined forces to “really go after the market,” forming Mizzen Capital. “We'll start with a company when it's two to five million of EBITDA and then help them with add-on acquisitions to get to their target EBITDA,” Marilyn says. Liddy adds: ”The steady returns come from diversification. We can pivot from one of several sectors.” In this conversation with host Ann Dorsett, the co-founders and managing partners describe their complementary backgrounds and their approach. Tune in as they reveal how they keep leverage low with their portfolio companies, why diverse teams price risk better, and when a warm referral from an aerospace CEO turned into a three-year relationship.Connect and Learn More☑️ Liddy Karter | LinkedIn☑️ Marilyn Adler | LinkedIn☑️ Mizzen Capital | LinkedIn☑️ Ann Dorsett | LinkedIn☑️ McGuireWoods | LinkedIn | Facebook | Instagram | X☑️ Subscribe Apple Podcasts | Spotify | Amazon MusicThis podcast was recorded and is being made available by McGuireWoods for informational purposes only. By accessing this podcast, you acknowledge that McGuireWoods makes no warranty, guarantee or representation as to the accuracy or sufficiency of the information featured in the podcast. The views, information or opinions expressed during this podcast series are solely those of the individuals involved and do not necessarily reflect those of McGuireWoods. This podcast should not be used as a substitute for competent legal advice from a licensed professional attorney in your state and should not be construed as an offer to make or consider any investment or course of action.