Why CFOs should stop mistrusting hedge funds Mark Angelo was working as co-head of corporate finance for boutique investment bank May Davis Group when he recognized a potential market niche. As the small and mid-size investment banks experienced a wave of consolidation or were snapped up by larger players, equity financing for companies with a market capitalization of less than $250 million was drying up. Investors also faced a problem. By 2000 the small cap market was...
