Canadian debt fund concludes maiden fundraising

Greypoint Capital, a Toronto-based start-up launched by former PwC partner Holly Allen, has held a final close for its first debt fund.

For small to mid-cap companies in North America, sourcing debt has grown ever more challenging in the post-Lehman era. The latest firm to spring up to address that issue, Greypoint Capital, has this week held a final close for its maiden fundraising.

The fund, which had a target of $200 million, closed this week on an undisclosed amount according to a statement.