BDC Capital earmarks $1.8 bln for mezzanine, growth equity investing
Business Development Bank of Canada has topped up resources in its private capital operation to address intensifying small-business demand for risk financing. BDC Capital, the bank’s investment arm, today announced $1.8 billion in fresh funding. It will be invested over the next five years in established companies in Canada seeking long-term financing options to back their growth and transition strategies. The commitment, to be overseen by BDC’s Growth and Transition Capital division, represents a 50 percent increase over the $1.2 billion deployed in the past five years.
26 April 2017•3 mins read
