ROI Capital has crossed CAD1bn in total assets under management in eight years.
With the original launch of its tax credit fund in 2002, ROI Capital began building awareness of the stabilising benefits of private placement investments for retail investors.
Now the company has over 65,000 investors across ten funds.
ROI Capital co-founder and president Fernando Cipriano says: "Retail investors are now discovering the true benefits of private placements that institutional investors have known all along. There is a rich history here and we are thrilled that many at the street level are recognising the value of private placement investing."
ROI’s net sales results in the first ten months of 2010 totalled CAD400m – the strongest in its history.
Due to the lingering effects of the credit crisis, traditional institutions continue to be restrictive in their lending practices. Toronto-based ROI Capital has taken advantage of this opportunity and has become an active private lender to small- and medium-sized Canadian companies.
John Sterling, co-founder and chief executive, is optimistic about the future of private placements for the retail market.
"ROI private placement funds are an excellent alternative to traditional fixed income because of their stability and tax efficient returns. We anticipate a healthy increase in private placement lending in the coming years as the lending environment in Canada is believed to exceed CAD25bn a year and banks are not able to keep up with this demand. If investors are looking for a unique investment opportunity, ROI private placement funds afford the substance and stability investors are seeking," he says.