Fonds de solidarité FTQ reports return of 9.8 pct, assets of $11.1 bln
The Fonds de solidarité FTQ has reported comprehensive income totaling $992 million for the year ended May 31, 2015, which resulted in an annual return of 9.8 percent. Net assets managed by the Montréal-based private equity and venture capital firm have also reached a new high of $11.1 billion. During the past twelve months, the Fonds de solidarité FTQ said it deployed a total of $640 million in development capital to companies in Québec. Its recent investments include ATIS Group, Colo-D, Frima and Montreal Gateway Terminals.
6 July 2015•3 mins read
