Development Capital - Can have
a variety of meanings, but usually refers to investments
in relatively small, unlisted companies which have
an established track record in their field of business,
and which require new funding to finance their expansion.
This contrasts with venture capital, which in Australian
usage tends to refer to investments in start-up companies
only. Certain aspects of the development capital sector
are sometimes referred to as private equity or patient
capital. (See also Leveraged Buy-Out, Management Buy-Out,
Mezzanine Finance and Private Equity).
