Equicapita Income Trust announces it has completed the raise of $100M in subscribed preferred trust capital. Stephen Johnston, a partner at Equicapita reports, “Equicapita is pleased to have passed the $100M mark in subscribed capital. Equicapita is part of a group of innovative Calgary based alternative funds seeking alternative investments. As managers we seek to deliver superior investment returns with lower volatility than public markets through private equity investing that combines strong underlying asset fundamentals and a disciplined value style. In practice we look for investments with: established macro drivers (typically in the form of a favourable supply/demand situation) and: a margin of safety (in the form of discounted asset prices, ability to acquire cash flow cheaply). To date, we have successfully deployed capital in multiple investment strategies via a group of funds – in farmland, SME PE, energy and non-bank lending – and currently have approximately $300M in unlevered AUM. Equicapita has found a receptive investment audience because of the obvious and, we believe, compelling mismatch between the number of business owners seeking exits in relation to the amount of dedicated SME private equity capital in the Canadian market. We believe this capital supply/demand dynamic will drive superior returns over the next decade as the imbalance is rectified and the demographic pressures begin to ease.”
About Equicapita: Equicapita is a Calgary-based buy-out fund focusing on acquiring Canadian private businesses that can generate strong, sustainable cash flow from their operations in defendable markets. Equicapita believes that there are compelling reasons for making private equity investments in the Canadian SME market which is experiencing one the largest generational transfers of wealth as boomer entrepreneurs retire and sell their businesses.
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