Post-IPO, Callidus Capital is hiring, sourcing new opportunties
Specialty lending platform Callidus Capital Corp (TSX: CBL), which in April completed a $252 million initial public offering, has hired Steve Parker, an asset-based lender located in Seattle, to be its senior originator. Parker is the first U.S.-based employee of the firm, which is considering additional hires. In its Q1 2014 fiscal report, the Toronto-based Callidus also said it has gross loans receivable of $480 million, with a committed amount of $588 million. It also has a pipeline of potential new loans of about $420 million, of which it has signed back term sheets for $250 million. Callidus is majority-owned by Canadian private equity firm Catalyst Capital Group.
15 May 2014•7 mins read
