David Blatt, CEO of CapStack
NEW YORK CITY—Certain capital market trends have caught the attention of David Blatt, the CEO of CapStack Partners. The head of the New York-based specialty investment bank and investment advisor says from the debt standpoint, there are many alternative lenders. When financial institutions became more heavily regulated while the market was still recovering from the last recession, private debt funds and sources of capital began filling the vacuum created by the banks under the stricter regulations.
The loosening of regulations made it easier for these once more heavily restricted banks to lend money. Many people expected they would start to take back market share from the debt funds and private money lenders, simply because their capital would be cheaper and more competitive.
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