| Size of Investment |
$2 million to $8 million, and will participate as lead or co-investor in larger transactions.
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| Type of Investment |
Subordinated debentures with a detachable equity type security such as warrants or membership units.
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| Target Maturity |
Typical investments are designed to provide for repayment in five years.
Interest only or partially amortizing over the term.
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| Types of Transactions |
Growth Financing
Management Buyouts
Recapitalizations
Leveraged Buyouts
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Corporate Governance
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Require either observation rights or direct participation in the company's Board of Directors.
Require a properly constituted Board with appropriate membership, quarterly meetings, and a firm dedicated commitment to the well being of the company.
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