Catalyst Capital Group may provide more funds to Callidus Capital
Specialty lending platform Callidus Capital Corp (TSX: CBL), which earlier this month filed a prospectus with regulatory authorities for a $600 million offering of shares, said that new funding may also come from existing investor Canadian private equity firm Catalyst Capital Group. In its second quarter 2014 fiscal report, Callidus said that Catalyst has approved making facilities available and the Callidus board of directors has also approved them in principle. The Toronto-based firm said it is pursuing strategic growth initiatives and has added capacity to its underwriting and portfolio management, finance and collateral monitoring groups.
15 August 2014•6 mins read
