Fonds de solidarité FTQ reports 7.5 pct return, $12.2 bln in assets
The Fonds de solidarité FTQ has reported a six-month return of 4.0 percent and a 12-month return of 7.5 percent for the period ending November 30, 2016. Comprehensive income for the six-month period totaled $470 million, increasing net assets to $12.2 billion. The Fonds, which makes private equity and venture capital investments in Québec companies, also said it deployed $287 million to deals during this period. Its recent deals include an $8 million investment in District M and a role in Sterinova Inc's $70 million financing.
9 January 2017•3 mins read
