Kirk Falconer

Kensington, CFFI invest $30 mln in Valent Low-Carbon Technologies

Valent Low-Carbon Technologies has secured a $30 million investment from Kensington Private Equity Fund, an affiliate of Kensington Capital Partners, and John Risley's CFFI Ventures.

Coconut Software closes Series A-2 round, raises $6.5 mln

The round was led by Conexus Venture Capital and joined by SaskWorks. Existing investors Information Venture Partners, ScaleUp Ventures, Bay Partners, StandUp Ventures and PIC also participated.

Healthcare investor Persistence Capital nears close of C$225 mln Fund III

Persistence Capital Partners Fund III, which is targeting C$225 million ($170 million), is expected to wrap up in the first half of 2020, a source said. Initial fund commitments came from a range of limited partners, including both new and returning Canadian institutions.

OMERS recruits Medcan exec to advise on healthcare investing

OMERS hired James Aw to serve in the newly created position of chief medical officer, a person with knowledge of the matter told Buyouts. He will work with in-house teams to support OMERS’ human resources, members services and investment objectives, the source said.

JLL Partners more than halfway on Fund VIII’s $1.25 bln target

JLL Partners has collected more than $686 million for its eighth flagship buyout fund, according to a Form D fundraising document. The amount raised, which reflects commitments from 53 limited partners, accounts for 55 percent of the $1.25 billion target set for JLL Partners Fund VIII.

Cortec, coming off a run of exits, wraps up Fund VII at $2.1 bln

New York firm's latest mid-market fund hit hard cap in less than four months.

Charles Émond to lead CDPQ’s PE group

Émond has taken on the role at Caisse de dépôt et placement du Québec following the departure of Stephane Etroy.

Vertu hires CPPIB’s Gil Nayot as partner ahead of fund launch

Nayot joins Vertu from his role as the head of tech for CPPIB's private equity group, and marks the firm's third senior hire since September.

Consumer research platform Potloc nabs $13 mln in Series A round

Potloc, a Montréal-based provider of consumer intelligence, has raised more than $13 million in a Series A financing. The round, which brings total funding to $17 million, was led by Brightspark Ventures and Investissement Québec and joined by Fonds Ecofuel, Cap Horn and Desjardins Capital​. Founded in 2014 by CEO Rodolphe Barrerre, COO Louis Delaoustre and CTO Jérémy Lagrue, Potloc will use the funds raised for new hires, entering new markets, including the U.S., U.K. and elsewhere in Europe, and developing artificial-intelligence capabilities.

Newbury looks to be ‘biggest small guy’ in secondaries with launch of $1.75 bln Fund V

Newbury Partners is targeting $1.75 billion with a hard cap of $2 billion for a fifth secondary fund, according to a person with knowledge of the matter and a Form D fundraising document.