Georgian Partners holds initial close for US $750M targeted fund V

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By Ted Liu

Georgian Partners has held an initial close for its fifth fund, Georgian Partners Growth Fund V, a 2019 vintage fund with a fundraising target of US $750 million.

Georgian Partners raised US $[mepr-active rule=”374″ ifallowed=”hide”]#Premium Subscribers ONLY Content – research and intelligence – know others don’t, be informed.#[/mepr-active][mepr-active rule=”374″]33 million from 12 LP investros from BC, Ontario, and Quebec for the Canadian main fund. No funraising information on Georgian Partners Growth Fund (International) V, LP, the international parallel fund.[/mepr-active]

Georgian Partners Growth Fund V follows rapid-fire fundraising efforts by Georgian Partners since 2015 when it closed its fund II. Georgina Partners funds in chronical order:
Fund I – CDN $70 million (2010)
Fund II – CDN $200 million (2015)
Fund III – US $375 million (2016)
Fund IV – US $550 million (2018)
Fund V – US $750 million (target)

Georgian Partners co-founders, Justin LaFayette, Simon Chong, and John Berton are the general partners of the fund V.

photo credit: Georgian Partners