Specialist finance and advisory firm TCA Fund Management Group Corp is planning to launch a small-cap private equity fund to invest in under-served growth stage companies, primarily in the US and UK.
TCA Opportunities Fund I, LP, registered with the Guernsey Financial Services Commission will seek just to target 15 to 20 companies, using a US Dollar based vehicle as well as having a US based feeder.
According to the US census, there are more than 28 million small businesses with revenues between USD25-USD150 million who fall short of capital requirements from banks, peer to-peer lending, traditional private equity and crowd funding.
TCA will leverage its experienced origination platform, as well as synergies with their existing TCA Global Credit Master Fund, to make strategic and controlling investments in the USD5 to USD15 million range. Its team of 30 around the globe has a deep background in the small-cap universe providing companies access to capital to pursue growth objectives otherwise out of reach.
“There have been tremendous developments in small business financing for growth companies at the level of USD1 million and below, but access declines greatly once the need for capital rises beyond that threshold,” says Bob Press, Founding Partner and CEO of TCA. “TCA has the team and existing platform in place to facilitate expanded opportunities for the under-served end of the spectrum which is a natural extension of our current business model.”
TCA has a long track record of sourcing high-quality public and private companies, that possess clear and attainable growth plans, and can maximise capital deployment under the guidance of TCA’s management team.
