Corporate Press Releases

New Business Development Company Formed to Scale Investment Strategy Across Western New York

BUFFALO, N.Y. – Oct. 13, 2021

Polar Apex today announced its official formation as a non-traded business development company (BDC). The BDC will provide industry and government leaders with the capital, technology, and staff needed to launch new ventures that help them overcome their greatest challenges and opportunities.

The BDC intends to primarily invest in new ventures that solve legitimate problems for its partners, have solid business fundamentals, and demonstrate future growth potential. "Our approach provides our investors with access to a proprietary strategy that is not available to the general marketplace", added Daniel Dulgeran, Managing Partner of Polar Apex. "By partnering with industry and government leaders to help them solve existing problems and capitalize on new opportunities, we are able to minimize risk while drastically increasing our potential event-driven upside".

The BDC anticipates providing quarterly distributions to investors from the profits generated from its venture portfolio.

About Polar Apex

Polar Apex is an exclusive VC fund that partners with industry and government leaders to tackle their greatest challenges and opportunities with new ventures.

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