The California Public Employees’ Retirement System plans to sell its entire 4 percent stake in The Carlyle Group LP as the U.S. public pension fund plans its exit from the private equity manager after 12 years, sister news service Reuters reported.
3 min read · 04 June 2013
Richmond Hill, Ontario-based startup OrderDynamics Corp., a provider of an online order management product, has been acquired by eCommera Ltd., which specializes in online commerce software. Financial details of the transaction were not disclosed. London, U.K.-based eCommera is a portfolio investment of venture capital and private equity firm ePlanet Capital, which has backed the company since October 2009.
4 min read · 03 June 2013
Brookfield Capital Partners III, which is managed by Toronto-based Brookfield Asset Management, has acquired the Canadian logistics operations of Omaha, Nebraska's Millard Refrigerated Services Inc. The undisclosed deal, which closed in late May, has created a new company, Brookfield Cold Storage, with 16 million cubic feet of combined storage capacity in facilities in Calgary and Toronto. Brookfield's third partnership, which is focused on mid-market buyouts, turnarounds and other special situations, recently closed at $1 billion.
4 min read · 03 June 2013
Zenith Epigenetics Corp., an early-stage company resulting from the spin out of RVX Therapeutics Inc. from Resverlogix Corp., has commenced operations. The company is focused on developing drugs using its epigenetics platform. As part of the spin-out, Resverlogix transferred RVX debts to Zenith, as well as $10 million for initial capitalization. Calgary's publicly-listed Resverlogix has been backed by U.S. venture capital NGN Capital since April 2009.
3 min read · 03 June 2013
1 min read · 03 June 2013
The C100 was founded in late 2009 by a group of 100 Canadian expats working in northern California as venture professionals and executives of technology start-ups and major companies like Apple, Cisco, Facebook, Google, IBM, Microsoft, Oracle and Salesforce.com.
4 min read · 03 June 2013
2 min read · 03 June 2013
3 min read · 03 June 2013
2 min read · 03 June 2013
4 min read · 03 June 2013
