VCAP-backed Kensington Venture Fund raises $160 mln: Reuters
The latest of several Canadian government-backed investment funds that are being set up to breathe life into the country's venture capital industry raised $160 million on its initial closing, Reuters reported. The fund, dubbed the Kensington Venture Fund, is being run by Toronto-based Kensington Capital Partners. Targeted to raise $300 million in total, Kensington's initial close was achieved in part through capital commitments from leading Canadian corporate and financial investors.
19 November 2014•2 mins read
