TORONTO, Dec. 04, 2018 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV: FW) (“Flow Capital”, “Flow” or the
"Company") is pleased to announce that Alex Baluta has been appointed Chief Executive Officer of the Company.
Mr. Baluta brings a wealth of relevant experience to the role, most recently as Founder and CEO of Temperance
Capital, a royalty investor in small and medium sized enterprises across North America. Previously, Mr. Baluta held roles in
business development in a software company, and was an investment banker and #1 rated software research analyst with experience
with firms in both Canada and the United States.
“We are very pleased to have a person of Alex’s integrity, energy and experience join the Flow Capital team,”
said Vernon Lobo, Chairman of Flow. “In particular, Alex has strong capital markets experience with both retail and
institutional investors and is very familiar with markets on both sides of the border. His skills are complementary to the
existing Flow management team. We look forward to the contributions that Alex will be making.”
"I am thrilled to be joining the team at Flow,” said Alex Baluta. “I strongly believe that emerging growth
businesses continue to be underserved by traditional funding sources, including restrictive bank debt and dilutive equity
capital. Flow’s unique revenue-linked growth capital is perfectly suited to meeting the needs of emerging growth
companies. I look forward to working in partnership with Robb McLarty and the rest of the Flow team to help grow our business
and expand our market share in this dynamic market."
Robb McLarty will continue in the role of Chief Investment Officer and will focus on building shareholder value
through deal sourcing and execution, in particular in the United States.
About Flow Capital
Based in Toronto, Flow Capital Corp. is a diversified alternative asset investor and advisor, operating two
divisions: an investment operation providing revenue-linked capital to emerging growth businesses, and an institutional advisory
sales platform providing pension funds, charities and endowment clients with access to leading institutional money managers from
around the world. Learn more at www.flowcap.com.
For further information, please contact:
Flow Capital Corp.
Alex Baluta
Chief Executive Officer
alex@flowcap.com
Phone: (416) 777-0383