TriLyn-Investcorp Mezzanine Partners

TriLyn LLC and Investcorp have held a $100 million for close on TriLyn-Investcorp Mezzanine Partners I, a fund that will make structured mezzanine and other high-yielding debt and preferred equity deals in U.S. commercial and residential real estate. The initial $100 million came from Investcorp, its clients and the Bank of Scotland. Additional capital commitments of up to $50 million may be sought by the partners. TriLyn and Investcorp intend to leverage the fund, which will create approximately $300 million to $400 million of total capital.