Inovia Venture Fund V fundraising continues

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By CPE News

CPE News Brief (7.7.2022) – Inovia Capital has held an additional close from private investors from Quebec, Alberta and US investors.

On June 15, 2022, Inovia Capital Inc. announced the final close for Inovia Venture Fund V with US $325 million in committed capital from LP investors including BDC Capital, Caisse de dépôt et placement du Québec (CDPQ), Air Canada (an investment fund managed by Trans-Canada Capital), Alberta Enterprise Corporation, and private investors.

Inovia Venture Fund V is led by GPs Chris Arsenault, Shawn Abbott, François Gauvin, Nijjar Karamdeep, Dennis Kavelman, and Patrick Pichette.

photo credit: Inovia