NB Capital Partners, an independent manager of private equity and debt capital for the Canadian early-stage and mid-markets has changed its name to EdgeStone Capital Partners.

EdgeStone has more than $1 billion under management. It was established in 1999 as an affiliate of National Bank Financial. The new name reflects the change in ownership in the firm. EdgeStone is now majority-owned by its management team, with minority equity stakes held by National Bank Financial and the Canada Pension Plan Investment Board.

“Today we have a new identity,” said Samuel Duboc, president and managing partner of EdgeStone, “and we will continue to combine creativity and integrity to deliver superior performance, which is great news for our investors and for companies seeking capital.”

EdgeStone makes venture capital investments in early-stage technology companies and equity and subordinated debt investments in a broad range of high quality mid-market companies. “Our portfolio of professionally managed, dedicated funds provides one-stop debt and equity financing to Canadian companies throughout their development,” said Duboc.

“Our independence is key to our success,” says Gilbert Palter, COO and managing partner. “We are creative, responsive, flexible and entrepreneurial. We forge strong partnerships with our companies, providing capital as well as strategic, operational and financial advice all to enhance their long-term growth and success. Our objective is to help companies succeed to their full potential.”