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Criteria
TICC has identified several criteria that it believes will prove
important in seeking its investment objective with respect to target
technology-related companies. However, these criteria are general
guidelines and may not be met by each prospective portfolio company
in which TICC chooses to invest.
Investment Parameters
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Private or public companies |
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Up to $30 million funding size |
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Maturity up to 7 years |
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Current cash income and equity/warrants |
Security Types
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Senior secured |
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Senior unsecured |
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Subordinated |
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Junior subordinated/preferred/common |
Portfolio Company Characteristics
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Experienced management |
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Cash flow positive |
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Significant financial and/or strategic sponsor |
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Strong competitive position in industry |
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Potential for growth |
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Clearly defined exit strategy |
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Liquidation value of assets |
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