National Bank SME Growth Fund, L.P. holds additional closing

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By Ted Liu

National Bank Private Investment has held additional closing for National Bank SME Growth Fund, L.P.

Launched as an equal partnership with the Quebec government, National Bank Private Investment closed an initial closing of $200 million in January 2021 with participation of Quebec retail investors.

The fund will support Quebec’s economic recovery and the digital transformation of its small and medium-sized enterprises. It complements bank financing available to businesses.

National Bank SME Growth Fund, L.P. is led by Luc Ménard, François Duchesneau, Paul Corriveau, and Mario Tougas.

National Bank Private Investment is part of National Bank Investments Inc.