La Caisse commits to Relay Ventures

La Caisse and other Canadian investors commit to Relay Ventures III.


A number of Canadian investors committed capital to the recently closed Relay Ventures III, which raised $150 million. Investors in the fund include Kensington Capital Partners Limited, Caisse de dépôt et placement du Québec and Northleaf Capital Partners.

The C$254.9 billion public pension fund has an 11.4 percent target allocation to private equity that currently stands at 10.6 percent.

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