Market Need

• With the advancing institutionalization of the private equity capital market and increasingly large amounts being put into this asset category (in Canada: CPPIB, Teachers, OMERS, Caisse, etc.), minimum deal sizes for more and more venture capital/private equity investors have moved far above the $10 million level.
  
  
• Paradoxically, this increase in the funds available to the private equity asset category has left many companies with less access to this type of money than previously existed.
  
  
• Banks are not significant players in this market and the companies are typically too small or unsophisticated to access the public markets directly.
  
  
• Combined with the market inactivity in recent years for angel investing and venture capital, this has led to an extended capital drought for many successful mid-sized growth companies.