Bridging the gap between debt and equity: BDC’s $600 mln strategy

Two months ago, the Business Development Bank of Canada (BDC) created BDC Capital, a new division that brings its private capital teams together under a single roof. As part of this initiative, BDC’s long-standing subordinate financing group was renamed Growth and Transition Capital (GTC). BDC's Robert Duffy told peHUB Canada that GTC’s investment activity has grown sharply of late, with its portfolio value at cost rising 49 percent since 2011 to more than $600 million today.

17 November 2014•4 mins read
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