PETRA HAS BEEN A PIONEER OF THE GROWTH CAPITAL MODEL SINCE WE STARTED IN 1996. WE INVEST BOTH EQUITY AND DEBT, STRUCTURING EACH INVESTMENT TO MEET THE UNIQUE NEEDS OF BUSINESS OWNERS AND MANAGEMENT TEAMS. WE USE OUR EXPERIENCE, NETWORK AND RESOURCES TO HELP OUR PORTFOLIO COMPANIES ACHIEVE SUPERIOR RESULTS. WE ARE CURRENTLY INVESTING OUT OF OUR FOURTH FUND, CLOSED IN 2020, WITH $208 MILLION OF AVAILABLE CAPITAL.
Flexibility is at the core of our approach. We invest tailored debt and equity capital in a variety of scenarios, working with current ownership and management to creatively structure a deal that is favorable to all stakeholders.
Some private equity firms generate returns utilizing financial structures that are burdensome to the company. At Petra, we target well-managed, growing companies in need of capital to continue their upward trajectory. Over the history of our firm, this approach has helped to create over 7,500 jobs through our investments.
At Petra, investing in company leadership is our priority. We are comfortable having a control or non-control ownership position while serving as a partner to the current owners and management. We look to use our resources to assist when needed rather than get in the way.