Does F.N.B. Capital get involved with its clients on a day-to-day basis?
No. The best person to handle the day-to-day operations of a business we invest in is the business owner, plain and simple. F.N.B. Capital may take certain governance and oversight positions, depending on the nature of the investment. With mezzanine debt investments, this typically entails non-voting board observation rights. With private equity investments, the level of governance depends upon the amount of ownership F.N.B. Capital takes.
