Rand Capital Corporation (RAND)

14.10 -0.09 (-0.63%) As of 04:00PM EDT. Market open.

Rand Capital Corporation

14 Lafayette Square
Suite 1405
Buffalo, NY 14203
United States
617-880-7494
https://www.randcapital.com

Sector(s): Financial Services
Industry: Asset Management
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Daniel Patrick Penberthy	President & CEO	315.08k	N/A	1963
Ms. Margaret Whalen Brechtel CPA	Executive VP, Treasurer, CFO & Secretary	N/A	N/A	1966
Ms. Deborah Kay Pawlowski	Investor Relations	N/A	N/A	1961
Ms. Heather Eastgate	Chief Compliance Officer	N/A	N/A	1972

Amounts are as of 31 December 2019, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Rand Capital Corporation is a business development company specializing in subordinated debt with warrants or preferred equity and venture capital investments. Within private equity, the firm specializing in capital growth and lower middle market investments. Within venture capital, it specializing in early to late-stage private businesses. It does not prefer to invest in real estate sector. It prefers to invest in software, professional services, manufacturing, consumer, healthcare, automotive and public d stocks. It prefers to invest in East or Midwest U.S. operations sectors. It typically invests between $0.75 million and $5 million with initial target size of $1.5 million. It seeks to invest in companies having more than $2 million in revenue or having excess of $1.5 million and up to $5 million in EBITDA. It prefers to be a minority stake and seeks to take a Board seat in its portfolio companies. It typically holds its investments for a period up to five years.

Corporate governance

Rand Capital Corporation’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.