“We think the biggest opportunity [in New Zealand] is in non-bank lender financing because there are much fewer players in mezzanine ABS, where we are specialists. In commercial real estate, many loans are development loans which we don’t invest in; and in LBOs many Kiwi companies are now too small because of our scale, where we need to do $30 million to $50 million for individual deals,” Sahota told Street Talk. |