Funds

Renewal4 holds 3rd close

Renewal Funds held third close for its 4th fund, Renewal4, with capital commitments from Canadian and international investors.

DW Healthcare Partners V final closes at US $610M

DW Healthcare Partners held final close for DW Healthcare Partners V raising US $610M including 9% Canadian commitments

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

Deals

TerraNova Partners acquires Carma

TerraNova Partners and Michael Platt acquired majority control of Carma Industries Inc. and Carma Billing Services Inc. from Williams family and Ross Pilkey

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?”

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Analysis

H1 2019 – Owen Bird and Torys leading law firms in exempt financing

H1 2019 exempt financing – top 5 law firms in # of deals: Owen Bird, Burstall, Clark Wilson, Cassels Brock & Blackwell, Dentons Canada; top 5 in deal values: Torys, McCarthy Tétrault, Norton Rose Fulbright Canada, Stikeman Elliott, Davies Ward Phillips & Vineberg

H1 2019 – Canaccord and Greybrook leading Dealer and EMD financing fees earned

Canaccord Genuity Corp. and Greybrook Securities Inc. were leading investment dealer and EMD respectively in the first half of 2019 exempt financing fees earned.

First Half of 2019 IPO Results

CPE Media Analytics released comprehensive results for initial public offerings (IPOs) for the first half of 2019.

Multi-talented or just plain egotistic goofing around

Entrepreneur-venture capitalists – are they good for the company, the venture capital investors, or themselves?