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Alaris Royalty ( ($TSE:AD.UN) ) has issued an update.
Alaris Equity Partners announced the appointment of Felix-Etienne Lebel to its Board of Trustees, effective January 9, 2025. Lebel brings extensive experience in private equity investments and asset management, having held significant roles at Rowanwood Equity and Birch Hill Equity Partners. His diverse background in various sectors and successful directorship roles are expected to enhance Alaris’ strategic positioning and operational oversight.
More about Alaris Royalty
Alaris Equity Partners Income Trust provides alternative financing for a diversified group of private businesses in exchange for royalties or distributions. The primary objective is to generate stable and predictable cash flows for distribution payments to its unitholders. The distributions are adjusted annually based on specific financial performance measures and have priority over common equity positions.
YTD Price Performance: -2.66%
Average Trading Volume: 55,639
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$848.5M
Find detailed analytics on AD.UN stock on TipRanks’ Stock Analysis page.
