Special SituationFinancials · Canada

Noetic Fund

Structured credit facility to a specialty fund manager during its exit phase.

Use of Funds

Working capital, operating expenses, and follow-on portfolio investment

Structure

Structured credit facility (multi-tranche, NAV-secured)

The Story

FirePower provided a structured term facility to Noetic Psychedelic Fund, a Toronto-based fund focused on neuroscience and mental health therapeutics. The facility supported the fund's working capital, operating expenses, and follow-on investment activity as it transitioned from its investment period into its exit phase.

Special SituationFund FinanceLife Sciences

Have a deal like this?

We move fast on good businesses. Tell us what you’re working on.

Apply for financing