CAI’s Firethorn Capital debuts with White House Design investment
Canadian private equity firm CAI Capital Management has held the first close of Firethorn Capital Partners LP, the first in a series of CAI funds that will serve accredited individual investors, family offices, and smaller institutional investors in North America. The amount raised by the new fund was not released. Firethorn, which will be led by CAI Managing Partner Tracey McVicar, has already completed its inaugural deal, taking an undisclosed majority interest in White House Design Co Inc, a Canadian designer, manufacturer and wholesaler of women’s clothing. The interest was sold to Firethorn by Jan Stimpson, White House’s founder. John Evans will be the company’s new president and CEO.
4 November 2015•4 mins read
