2016-10-31
Funds
OMERS and BMO commit $42M to District Ventures CPG Fund
District Ventures Capital upsized its first consumer products and goods fund to $70M with additional $42M from OMERS and Bank of Montreal
ARC Energy Fund 9 final closes at $780M
ARC Financial hold final lose for its 9th energy fund, ARC Energy Fund Fund 9, a 2018-vintage fund, at $780M
Area One Farms Limited Partnership IV initial closes at $120M
Area One Farms holds $120 million initial close for its forth farm equity fund, Area One Farms Limited Partnership IV
OMERS to invest US $200M in Brookfield Business Partners’ $795M offering
Brookfield Business Partners to raised US $795M through bought deal ($345M), insider placement ($250M) and private placement with OMERS ($200M)
Deals
Catalyst to oppose insider Bay bid with conditional partial offer to acquire up to 14.8M shares
The Catalyst Capital Group offers to purchase up to 14,836,795 common shares of Hudson’s Bay Company (TSX: HBC) at $10.11 and plans to oppose insider privatization bid
People
Jo Taylor named as Ontario Teachers’ fourth CEO
Jo Taylor is named as new President & CEO of Ontario Teachers’ Pension Plan effective Jan 1, 2020, succeeding retiring Ron Mock
Sponsored Contents
Open Banking: what’s really at stake – by Richard Remillard
“Can Canada build such a national project when it is having such difficulty getting national projects for the 20th century economy off the ground, out of the ground and out to market?”
Analysis
Multi-talented or just plain egotistic goofing around
Entrepreneur-venture capitalists – are they good for the company, the venture capital investors, or themselves?
Owen Bird and Norton Rose Fulbright leading law firms in deal number and total deal value
92 law firms worked on 525 financings with total deal value of $14.76B in Q1. Owen Bird Law Corporation Norton Rose Fulbright Canada LLP led in deal numbers and total deal value
Canaccord and Greybrook leading Investment Dealer and EMD in exempt fees earned
Canaccord Genuity Corp. and Greybrook Securities Inc. the leading investment dealer and EMD respectively in Q1 exempt financing fees earned.
US investors leading Canadian venture capital investors in Q1 2019
Q1 2019 Canada VC Results highlight: US investors accounted for 53% of total disbursement, Ontario companies received lion’s share (63%) of disbursements
