Quorum Secured Equity Trust
“Quorum Funding Corporation”
$800,000,000.00
Maximum Eligible Amount
Equity
Fund Type
The fund was formed to undertake equity investment in small-cap, publicly listed companies, primarily located in Canada.
- The investee receives expansion capital in the form of inexpensive secured debt that is really premium priced equity.
- The investment is typically secured but subordinated to the investee's conventional bank financing, making the instrument less difficult for the investee to assume.