Daniel P. Penberthy
Net Worth
Last updated:
What is Daniel P. Penberthy net worth?
The estimated net worth of Mr. Daniel P. Penberthy is at least $5,314,950 as of 16 May 2023. He owns shares worth $273,670 as insider and has received compensation worth at least $5,041,280 in Rand Capital Corporation.
What is the salary of Daniel P. Penberthy?
Mr. Daniel P. Penberthy salary is $315,080 per year as Pres & Chief Executive Officer in Rand Capital Corporation.
How old is Daniel P. Penberthy?
Mr. Daniel P. Penberthy is 62 years old, born in 1963.
What stocks does Daniel P. Penberthy currently own?
As insider, Mr. Daniel P. Penberthy owns shares in one company:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
Rand Capital Corporation (RAND) | Pres & Chief Executive Officer | 16,769 | $16.32 | $273,670 |
What does Rand Capital Corporation do?
Rand Capital Corporation is a business development company and regulated investment company specializing in private equity investments. The firm prefers to make investments through equity or debt instruments in lower middle market and in small to medium-sized privately held companies. It generally lends to more mature companies. The firm does not prefer to invest in real estate sector. It invests in companies that are engaged in the exploitation of new or unique products, technologies, or services. The firm invests in healthcare, consumer products, manufacturing, software, and professional services. It seeks to invest in companies based in the Western and Upstate New York region and its surrounding states with focus on Buffalo and Niagara region. The firm may invest in region within three to five hour drives from Western New York including Canada. It typically invests between $0.5 million and $1.5 million and the total investment in rounds is between $1 million and $5 million. The firm seeks to invest up to maximum of $3 million total per company as part of follow-on investments. It invest in startups and companies having annual revenue up to $10 million. It invest companies having EBITDA up to $5 million. The firm Follow-on investment(s) up to a targeted maximum of $2 million to $3 million total per company. The firm frequently participate three investment round. The firm seeks to be a lead investor in companies within its geographical area and participates in syndicate/co-invest with other investors outside it. It prefers to invest in businesses that are unique or possess proprietary right. The firm prefers to be a minority investor and seeks to take a Board seat in its portfolio companies. It typically holds its investments for a period of five to seven years. Rand Capital Corporation was founded in 1969 and is based in Buffalo, New York.
Daniel P. Penberthy insider trading
Rand Capital Corporation
Rand Capital key executives
Rand Capital Corporation executives and other stock owners filed with the SEC:
- Mr. Daniel P. Penberthy (62) Pres & Chief Executive Officer