Yann Robard’s Whitehorse closes debut liquidity fund at $400 mln

Canadian private equity firm Whitehorse Liquidity Partners has closed its debut fund at a hard cap of $400 million, well above the original $300 million target. Whitehorse Liquidity Partners Fund I, which will make preferred equity investments in private equity portfolios, was backed by a range of institutional and individual limited partners. Toronto-based Whitehorse was founded two years ago by Managing Partner Yann Robard, formerly the head of secondaries and co-investments at Canada Pension Plan Investment Board. The firm’s other principals include Partner Michael Gubbels and Senior Principal Rob Gavin, who was promoted with the fund’s close.

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