Promo 17: Patient, Minority Growth Capital for Canadian Companies

Speaker 0 00:00 If you're a Canadian company looking for patient minority growth capital and check out this month's trade securely podcast, Speaker 1 00:09 the length of time that we invest in any company really depends on the individual company and that company's needs. This is one of the amazing about patient capital. The investment horizon times is based on what the company needs, so we can be a partner for five years, 10 years or longer, if that makes sense. And one of the other things about us is we're an evergreen time, which means that we don't have an end date. We're able to perpetually invest. So as companies exit, we're able to redeploy that those funds to support new companies. And I'll explain a little bit about why this is unique. And many funds, they have a fixed time horizon. They have to return capital to their limited partners within a specified timeframe. It's often about 10 years. This usually means that they have a five year investment window on average and less flexibility on the exit timings. The companies at year five need to start to prepare for an exit as opposed to focusing on growing up. That's it. And that's how we're different because we don't have that. Speaker 0 01:11 Caroline Alkin, the CFO at the Canadian business growth fund is my guest this month on trade securely.