Equity
Quorum Secured Equity Trust
The fund was formed to undertake equity investment in small-cap, publicly listed companies, primarily located in Canada.
- 4.5/5.0
- Quorum Funding Corporation
- All levels
- Last updated 3 years ago
- English
Description
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.