Losemoneywhen the market is unwilling to yieldto the unpleasant task oftopearning the sametimeas Toujian dare notboldlytowin, so on, natural-capital loss is not surprising.
While the number of women seeking angel capital is low, the percentage that received angel investments (25%) is above the marketyield rate and these data indicate that when women do seek angel capital they lead the marketyield rate by 4%.
Given the greater liquidity in the high yieldmarket, some arrangers are a lot more comfortable underwriting senior secured bridge loans to high yield and then flexing and structuring the capital structure based on market demand.