Grenville strikes partnerships to scale royalty financing model
Canadian royalty financing firm Grenville Strategic Royalty Corp has secured two new partners to support its growth plan. An affiliate of Gravitas Ilium Corp and Darwin Strategic Royalty Corp will co-invest alongside the firm on new investments. The partners will also have the right to use Grenville’s intellectual property and royalty-based investment strategy. Toronto-based Grenville, which as of June 30, 2016 reported a portfolio return of 21 percent since inception, said the initiative will add scale to its model and enable the firm to participate in a more opportunities.
19 October 2016•10 mins read
