CDPQ earmarks $500 mln in funding for global growth, successions
Caisse de dépôt et placement du Québec has unveiled two new funds to invest in Québec companies seeking global growth opportunities or facing succession issues. Croissance CDPQ, capitalized at $250 million, will invest between $10 million and $100 million through a variety of financing vehicles in companies with international expansion projects. Fonds Relève CDPQ, also capitalized at $250 million, will invest between $10 and $100 million in equity in companies with business transfer projects. The announcement was made by Christian Dubé, the Canadian pension fund's executive vice-president, Québec.
15 February 2017•3 mins read
