BDC taps Claude Miron to deploy $250 mln in growth equity

BDC Capital has earmarked $250 million for investment in Canadian growth equity opportunities over the next five years. The initiative, which forms part of a $1.8 billion strategy announced in April, will focus on making minority investments of $2 million to $25 million in companies with at least $5 million to $10 million in revenue. Overseeing the initiative will be Vice President Claude Miron. Miron replaces Elmer Kim, who joined BDC last year to launch the growth equity practice and team. Miron has nearly three decades of experience in a range of professional roles in the corporate finance, mezzanine, private equity and venture capital markets.

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