||The Company should have a developed product, an existing customer base and recurring revenues.
||The Company should be at or near cash flow break-even.
||Solvency is not required. The firm invests in overleveraged, illiquid or insolvent companies.
|Type of Investment
||Investments are typically in the form of equity but can be structured as Preferred Stock or as debt with equity.
||$5 million to $50 million.
||Control positions are preferred but non-control positions will be considered if an appropriate balance of risk and return can be structured.