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Rand Capital Corporation (RAND)

NasdaqCM - NasdaqCM Delayed Price. Currency in USD
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15.55-1.15 (-6.89%)
At close: 04:00PM EDT

Rand Capital Corporation

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

Sector(s)Financial Services
IndustryAsset Management
Full Time Employees

Key Executives

NameTitlePayExercisedYear Born
Mr. Daniel Patrick PenberthyPresident & CEO315.08kN/A1963
Ms. Margaret Whalen Brechtel CPAExecutive VP, Treasurer, CFO & SecretaryN/AN/A1966
Ms. Deborah Kay PawlowskiInvestor RelationsN/AN/A1961
Ms. Heather EastgateChief Compliance OfficerN/AN/A1972
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is 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 a 10 indicates higher governance risk.