2016-10-31
Funds
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)
Diagram Ventures II final closes at $55M
Power Financial backed Diagram final closed second fund Diagram Ventures II at $55 million
Desjardins launches $45M fintech investment pool
Desjardins Group launched a new $45 million fintech investment pool managed by Desjardins Capital and announced first investment in X-TELIA
Deals
Gradient Ventures makes add-on investment in BenchSci
BenchSci raised additional investment from Gradient Ventures, Google’s AI-focused venture fund, that brings its total funding to US $20.5 million.
People
Kathleen Taylor joins Altas Partners as Chair
Altas Partners appointed former CEO of Four Seasons Hotels and Resorts Kathleen Taylor to newly created position of Chair
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
