Canada’s largest pension fund with net assets of C$410 billion ($309 billion; €279 billion), has so far made commitments to three Silicon Valley managers. It aims to deploy an initial $1 billion to funds in North America and Europe in early-stage and growth-stage vehicles.
6 min read · 03 January 2020
Private equity fundraising in 2019 was “hotter ‘n blue blazes,” as the old Southern saying goes, with new tech offerings providing much of the sizzle.
9 min read · 26 December 2019
Growth equity is 2019’s most popular fund strategy after buyouts, accounting for more than one-fifth of capital raised at the end of September
2 min read · 20 December 2019
Novacap Financial Services I, with a target of C$500 million ($380 million) and hard cap of C$600 million, is expected to hold a second close in Q1 2020.
3 min read · 17 December 2019
Oak Hill veteran Taylor Crandall recently transitioned to chairman emeritus, while Managing Partner and CEO Tyler Wolfram was joined in leadership by two new managing partners
3 min read · 13 December 2019
Montreal-based Nuvei, a global payment technology provider, has secured C$358 million (US$270 million) in financing.
4 min read · 13 December 2019
OMERS said Blake Hutcheson will become the Canadian pension fund's new CEO, effective June 1, 2020, succeeding Michael Latimer, who is retiring.
5 min read · 12 December 2019
Fund IV is expected to soon hit 80 pct committed, suggesting Dyal could be back on the fundraising trail in the near future
3 min read · 11 December 2019
Vistara Capital Partners held the final close of its third debt fund, hitting its hard cap of $150 million (US$115 million).
3 min read · 11 December 2019
Locke, who assumed the new role in June, is operating from CPPIB’s office in San Francisco, which opened earlier in 2019
2 min read · 10 December 2019