Dutchess, unlike most of our competitors, some of which have sprung up overnight, has a proven track record with public companies for over 10 years. The history of a firm is important, as when you put a facility in place for three years, you want to make sure your investment partner has the knowledge and resources to stay in business during that time and the ability to supply the company with funding through the commitment.
Through our family of funds, we manage portfolios of investments in public companies. Although many of our investments are passive in nature, we provide financing through alternative structures to assist our client companies long after the initial infusion of capital. The Fund's General Partner was founded in 2000, and has since transacted in excess of $1 billion in financings for public companies.
Through the Fund's Equity Line of Credit ("ELOC"), we offer our clients the flexibility to raise funds on a continuous basis through draw downs of the line, align our incentives with management and become a long term partner.