Canada sees $41.2 bln in PE outlays, $1.9 bln in VC investment in 2014
New reports by the Canadian Venture Capital & Private Equity Association (CVCA) found robust private equity and venture capital investment in Canada in 2014. Led by investor activity in energy and power sectors, private equity deals totaled 296 last year, and captured values of $41.2 billion, the CVCA found. Venture capital financings, located primarily in information technology sectors, totaled 379 and accounted for $1.9 billion invested. The reports also found Canadian private equity funds raised $12 billion in new commitments in 2014, while Canadian venture capital funds raised $1.2 billion. CVCA CEO Mike Woollatt said industry members expect to see continuing trend lines in 2015: "Despite the economic uncertainty in Canada, there are opportunities."
