CRCD, Caisse de dépôt reinvest $90 mln in small business fund

Capital régional et coopératif Desjardins (CRCD) and Caisse de dépôt et placement du Québec have agreed to recommit $90 million to Capital croissance PME, a private equity fund that invests in small and medium-sized companies in Québec. The new commitment brings the fund's total capitalization to $540 million. Launched in 2010, Capital croissance PME has helped finance some 322 Québec companies, nearly 70 of which were financed last year. Caisse de dépôt earlier this month committed $500 million to two new Québec funds focused on global growth opportunities and successions.

21 February 2017•4 mins read
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