Fonds de solidarité FTQ commits $15 mln to Genesys Ventures III
The Fonds de solidarité FTQ has made a $15 million capital commitment to Genesys Ventures III, the third life sciences fund of Canadian venture capital firm Genesys Capital. The Fonds said the investment is consistent with its strategy of working with specialized funds with a market history in Québec. PE Hub Canada reported this week that Toronto-based Genesys raised $90 million in the initial close of Fund III, which is targeted to raise $125 million in total. The Fonds was one of 14 limited partners that participated in the initial close. Another was HarbourVest Canada Growth Fund.
18 August 2016•2 mins read
