Richard Bradlow, Adam Breslin, Jeremy Thompson, Nicole Fich, and Joe Mattina led Penfund Capital Fund VII held final close with $1.6B in total committed capital. PJT Park Hill, Epsilon Underwriting & Issuing, Stikeman Elliott LLP, and Goodwin Procter LLP acted placement agent or legal counsels.Continue Reading
Fondaction and Priori-T Capital launched $160M Inlandsis II with $115M initial close from the Lucie and André Chagnon Foundation, Sabius Private Institutional Mandate (Dalpé Wealth Partners), Société Financière Bourgie, HEC Montréal, Horizon Capital Holdings, Capital Benoit and Genus Capital Management, and Fondaction and Priori-T Capital.Continue Reading
Zoya Shchupak, Sylvain Carle, Mario Venditti and Danny Grant led Innovobot Resonance Ventures held $14M first close of $40M targetted Deep Tech for Good from The Lorne Trottier Holding Company and private investors. Continue Reading
Brookfield Asset Management Inc. closed distribution of a 25% interest in its asset management business. Effective December 12, it will trade on NYSE/TSX under new name Brookfield Corporation while the manager will trade on NYSE/TSX under Brookfield Asset Management Ltd. Continue Reading
Dundee Corporation (TSX: DC.A) shut down investment banking operations of Dundee Goodman Merchant Partners effective immediately. Continue Reading
Neil Grunberg and Ryan Kimel’s Storytime Capital held initial close for inaugural fund, focusing on pre-seed and seed investments. Continue Reading
Power Sustainable Energy Infrastructure Canada Fund I secures $600M in “Vintage II” commitments from founding partners Desjardins Group, Empower Annuity Insurance Company of America, and Après-demain SA, new commitments from Fonds de solidarité FTQ, the Coutu Family Office and Canada Post Corporation Registered Pension Plan. Continue Reading
Copperleaf Technologies Inc. (TSX: CPLF) stock price continues to impact on Pender Growth Fund’s total shareholders’ equity. Continue Reading
Stack Capital Advisors held initial close for Stack Robotics fund, led by Jeff Parks, Jason Meiers, Jimmy Vaiopoulos and Brian Viveiros. Continue Reading
Peter Fernandez and Gabriel Silva led Mombak launched two Ontario domiciled feeder funds, Amazon Reforestation Investment Fund Feeder I and II, L.P. Davies Ward Phillips & Vineberg LLP acts as legal counsel to feeder funds. Continue Reading
TriWest Capital Partners launched its sixth private equity fund, TriWest Capital Partners VI. Continue Reading
Alberta Enterprise Corporation (AEC) committed US $10 million into Relay Ventures Fund V. Continue Reading
Caisse de dépôt et placement du Québec (CDPQ) upsized Teralys Capital managed early stage fund of funds ,Fonds québécois d’amorçage Teralys S.E.C. (TFAQ2019) to $90M. Continue Reading
Power Financial Corporation and its parent company Power Corporation of Canada filed preliminary short form base shelf prospectus for issuances of debt or preferred shares or subordinate voting share or subscription receipts for up to $3B by Power Financial and unspecified amount by Power Corporation.Continue Reading
Peloton Capital Management launched PCM Fund II to be led by Managing Partners and Partners, Stephen Smith (Chair), Steve Faraone, Michael Murray, Debra Dobson, Gregory Mashinter, and Nora Nestor (CFO). Continue Reading
Luc Ménard, François Duchesneau, Paul Corriveau, and Mario Tougas led National Bank SME Growth Fund, L.P. held additional closing.Continue Reading
Power Corporation of Canada reported $424M decrease in fair valuation in Portage I, Portage II, Portage III, KOHO Financial Inc. and Wealthsimple in 9-month period ended Sept 30, 2022, compared with $606M increase in fair value for the same period in 2021. Continue Reading
