RAND fundamentals

Rand Capital Corp, a traded business development company invests in lower middle market companies located in the United States. The fund focuses on a broad range of sectors and industries with revenue of more than USD 10 million and an EBITDA of more than USD 1.5 million. It provides financing in the form of debt and equity such as subordinated debt & promissory notes, convertible notes, equity & membership Interests and equity warrants for buyout transactions. It takes a minority position and makes follow on investments.