The Private Equity and Equity Approach
Interview in the Planet MicroCap Review
When I am not hosting podcasts, I spend all my time looking for compelling investment opportunities in the small company realm, some private and some public. As many followers of my writings inevitably know, I have a fascination with microcap and even nanocap public companies, many of which have been all but abandoned by the institutional investor crowd. With that as the backdrop, I had the opportunity to contribute to the most recent issue of the Planet MicroCap Review, edited by my podcast partner in crime Bobby Kraft. With permission from Bobby, I have shared my portion of the interview below. I have also attached a downloadable copy of the entire issue to this post. In this (lengthy—true to form) Q&A session, we covered:
Why PE firms are starting to focus more on microcap and nanocap companies, as evidenced by the number of take privates happening in Canada;
The reasons why there is a structural lack of growth capital available to small public companies in the US and Canada;
The genesis and evolution of Devonshire Partners’ approach to investing in the microcap space; and
Why any of the above could be interesting to potential investors.
I was listening to the most recent episode of the Private Equity Podcast and the guest, Christen Paras from Middleground Capital, was talking about how, as a firm, they are really focused on continuous improvement—across all of their functions. When it comes to our approach to being a good partner for microcap companies, that is my focus as well. With that in mind, I look forward to any and all feedback on what we are trying to do. And if any of this resonates with you and you want to chat about it, please feel free to reach out.
Thanks for continuing to follow my journey,
Ben Claremon
