The Gracorp team has extensive experience in public and private equity and debt capital markets. At present, Gracorp manages over $134 million of equity investment (alongside our partners’ approximately $200 million of equity) in projects valued at over $800 million. Gracorp sources capital for each project based on the project’s specific nature and requirements, including from Gracorp’s own merchant-style equity funds, the GVest funds.
Gracorp manages two related investment vehicles to accommodate both RRSP-eligible and non-eligible investments:
- For RRSP-eligible investments, Gracorp operates GVest Private Equity Ltd. (“GVest Corporation”); and
- For non-RRSP eligible investments, Gracorp operates the GVest Private Equity Limited Partnership (“GVest Fund”).
For selected investors, Gracorp also allows direct investment into its project development entities.
Gracorp targets a net return after fees (depending on the investment instrument) ranging between 10% and 15%.