Georgian Partners Growth Fund IV closes at US $550M

Georgian Partners, Toronto based growth equity firm, has reportedly final-closed its fourth fund, Georgian Partners Growth Fund IV, at hard cap at US $500 million. With the closing of the new fund, Georgian Partners has become Canada’s leading growth equity investment firm.

Limited partners investors were not disclosed. Georgian Partners’ previous funds have received major backing from VCAP funded Fund-of-Funds (FofFs) and likely received backing from VCCI backed FofFs.

In a rapid-fire fundraising mode since 2015’s closing of its Fund II, Georgian Partners will now devote efforts on deploying the new fund.

Georgian Partners closed Fund II with CDN $200 million in 2015 and Fund III in 2016 with US $375 million. Georgian Partners first fund closed at $70 million in 2010.

Georgian Partners funds are managed by General Partners (GPs), Justin LaFayette, Simon Chong and John Berton.

Georgian Partners is a thesis-driven growth equity firm investing in SaaS-based business software companies exploiting applied artificial intelligence, security first and conversational business.

In addition to its main funds, Georgian Partners also manage dedicated funds for some of its LP investors.

photo credit: Ripple Project, Georgian Partners

Ted Liu

Ted Liu, M.Sc. (Mining), MBA (Finance), is the Editor of Private Capital Journal and CanadaMetals.ca, and former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA). Ted was the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, the most sophisticated and advanced all private capital and public market financing database.