Capital régional et coopératif Desjardins raises $150 mln from investors

Capital régional et coopératif Desjardins (CRCD), a retail fund managed by Canadian private equity firm Desjardins Capital de risque, has secured $150 million in its 2015 fundraising year. A total of 51,700 Québec taxpayers bought shares this time, 24 percent of which were first-time buyers. CRCD, which has net assets of about $1.6 billion, is a partner to 400 companies, co-operatives and funds. They include Courchesne Larose Ltd, a Montréal-based fruit and vegetable distribution network backed by CRCD earlier in November.

20 November 2015•2 mins read
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