Spring Lane Capital closed inaugural fund with US $156.5M capital commitments, including $15M from BDC Capital, $7.5M from Fonds de solidarité, $3.5M from Fondaction, $3M from Palomino Capital
CPPIB committed US $150M along with up to US $450M co-investment rights to National Investment and Infrastructure Fund (NIIF)’s Master Fund
Chrysalix RoboValley Fund held 2nd close with commitments from Caterpillar, J-POWER, South32, and unnamed mining equipment company
Portag3 Ventures II held $229M 2nd and final close with commitment from Alternan, Aviva France, BDC Capital, CDPQ, CNP, Co-operators, Eldridge, Green Shield Canada, Harel, iA Financial, Laurentian Bank, NSV Wolf Capital, PSP Investments, Western & Southern Financial
Synaptive Medical secured US $25M new preferred equity financing led by Linamar and Audible Capital with participation of a mix of both existing and new investors
Walter Global Asset Management hired Martin Dufresne, former EVP at Fiera Capital, as its President and Managing Partner.
Mark Borkowski: factors determine best timing for selling a business — financial condition of the company, valuation, growth cycle, profit history, and current market