“Annie brings a unique skill set and expertise to Grenville that very much complements the experience of our existing partners,” said William (Bill) R. Tharp, President and Chief Executive Officer of Grenville. “As we continue to grow and diversify our portfolio of assets, an individual with Annie’s financial acumen is a great addition to our team. In her role as a principal investor and senior team member, Annie brings a wealth of portfolio, risk and credit-linked management expertise to Grenville, developed through her hedge fund and venture capital experience. Combined with Grenville’s existing deal sourcing and structuring experience, Annie brings the addition of deeper skills to help manage and grow an even larger diversified portfolio of royalty investments.”
“Grenville has identified a high need segment of the market and brought forward a unique growth capital alternative to traditional equity and debt financing. The focus they have brought to their business model, together with the greenfield nature of the opportunity, is what attracted me to join their team,” said Dr. Thériault.
Dr. Thériault most recently held the position of Senior Investment Manager, Direct Equity Investments with Export Development Canada. She spent the majority of her career at Northwater Capital Management in progressively senior roles focused on its Intellectual Property Funds, its Fund of Funds portfolio, the development of novel credit derivative instruments and its 4-Quadrants portfolio. She has also held positions at TD Securities and Deloitte, focused on currency and credit products, and risk and regulatory management, respectively. Dr. Thériault obtained her Ph.D. Management in finance from the Rotman School of Management at the University of Toronto and is a CFA Charterholder.
Grenville is a Toronto-based company that was formed to provide royalty-based finance solutions by acquiring revenue streams generated by growing industrial and technology businesses. Grenville has identified a large and under-serviced finance market for companies generating up to $50 million in revenue, many of which are well managed and generating improving cash flow, but face difficult financing hurdles from traditional debt and equity markets. The non-dilutive royalty financing structure offered by Grenville can bridge the financing needs of these companies until traditional debt or equity is available to them on more attractive commercial terms. The application of Grenville’s royalty financing structure into sectors not traditionally serviced by royalty companies represents a new and innovative financing model – Capital Simplified – that has already attracted a considerable number of opportunities with attractive potential returns.