TORONTO:C.A. Bancorp
Inc. is pleased to announce investments in two capital pool companies:
Global Alternative Investments Inc. and Universal Infrastructure Corp.
(CPCs).
C.A.
Bancorp believes that CPCs offer alternative platforms to finance
certain investments such as real estate and infrastructure that require
significant equity funding and which may not be attractive to larger
traditional private equity funds. By investing in both companies at the
founder level, C.A. Bancorp will have the opportunity to generate
capital gains on its investment. It is intended that after the CPCs
acquire their initial assets or business, C.A. Bancorp will enter into
management agreements with the CPCs to provide management and
administrative services.
Universal Infrastructure Corp.: Universal
Infrastructure Corp. (“Universal”) has been established by C.A. Bancorp
as an investment vehicle to focus on investments in infrastructure
businesses, including power generation, transportation systems,
railroad and shipping assets and various communication, toll road and
utility-based companies. It is anticipated that C.A. Bancorp will enter
into a management agreement with Universal upon completion of its
qualifying transaction. C.A. Bancorp owns 95,000 common shares of
Universal, representing a 27.1% ownership.
Global Alternative Incentives Inc.:
Global Alternative Investments Inc. (‘‘Global’’) has been established
by C.A. Bancorp as an investment vehicle to raise equity capital to
make alternative investments in various offshore asset classes. It is
anticipated that C.A. Bancorp will enter into a management agreement
with Global upon completion of its qualifying transaction. C.A. Bancorp
owns 95,000 common shares of Global, representing a 27.1% ownership.
C.A. Bancorp Inc.:
C.A. Bancorp Inc., a Toronto-based merchant bank and alternative asset
investment manager, is involved in transactions with both private and
public companies across a range of industries, predominantly in Canada,
with a specific focus on mid-market investments in industrial, real
estate, infrastructure and financial services. C.A. Bancorp conducts
its business through two areas of focus: direct investing, and fund
management for the institutional, high-net-worth and retail markets.
Sentry Select Capital Corp.: Sentry
Select Capital Corp. provides management and administrative services to
C.A. Bancorp. Sentry Select is a Canadian wealth management company who
manages approximately $8 billion in gross assets as of March 31, 2007.
The company offers a diverse range of investment products including
closed-end trusts, mutual funds, principal-protected notes and
flow-through limited partnerships, covering a variety of domestic and
global mandates. With 35 reporting entities, Sentry Select is the
leading issuer of securities listed on the Toronto Stock Exchange.
More information :
Mark Gardhouse, President or Paolo De Luca, Chief Financial Officer
1-866-388-5985 Fax: 416-364-2398
info@cabancorp.com
www.cabancorp.com
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
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