Prior to joining Legg Mason Merchant Banking in 2001, Mr. Axel was a Partner at Canterbury Capital Partners, which manages two mezzanine funds aggregating over $400 million focused on small to mid-sized buyouts and growth capital investments. Prior to his four and a half years with Canterbury, Mr. Axel underwrote senior financings at LaSalle Business Credit. His experience also includes over three years with Ernst Young’s Financial Advisory Services consulting group and three years as a C.P.A. at Arthur Andersen & Co. Mr. Axel has a B.S. in Economics from the Wharton School at the University of Pennsylvania and a M.B.A. in Finance and Management from Columbia Business School.