The ICICI Venture Mezzanine practice provides mezzanine finance for buyout opportunities by financial sponsors as well as leveraged acquisition by companies and towards mid-market growth capital. It also looks at suitable turnaround opportunities, real estate, recapitalization and ownership consolidations etc.

A characteristic mezzanine investment would be in a high growth, stable margins, stable cash flows company that has favorable business outlook and strong promoter background. However, the Fund is open to look at collateralised transactions of shorter maturity and high upside potential. Typically, the investment period is betweeen 18 months to 5 years.