| Business Summary | | Rand
Capital
Corporation
is
a
closed-end
investment
company
investing
in
securities
of
businesses,
which
offer
unique
opportunities
for
growth.
Since
its
formation,
Rand
Capital
has
provided
venture
capital
to
support
the
growth
and
development
of
businesses
in
varied
industries,
primarily
in
the
Western
New
York
and
Upstate
New
York
Region.
Rand's
portfolio
is
comprised
of
such
investments,
which
include
debt
and/or
equity
holdings
in
primarily
privately
owned
companies. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Rand
Capital
Corporation
is
a
registered
closed-end
management
investment
company,
investing
in
the
securities
of
small
businesses,
which
offer
unique
opportunities
for
growth.
Net
asset
value
totalled
$1.46
per
share
as
of
12/00
vs.
$1.33
per
share
as
of
12/99.
For
the
six
months
ended
6/30/01,
investment
income
decreased
38%
to
$76
thousand.
net
increase
in
net
assets
from
operations
totalled
$542
thousand
vs.
net
decrease
of
$293
thousand. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Reginald Newman II, 62 Chairman | -- | Allen Grum, 42 Pres,
CEO | $128K | Nora Sullivan, 41 Exec.
VP | 104K | Daniel Penberthy, 37 Treasurer | 74K | Dollar
amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|