New Arctic private equity fund will invest in Canada's North

Pt Arctic Fund I LP, the inaugural fund of private equity firm Pt Capital, has raised initial commitments totaling over US$125 million. Limited partners who participated in the fund's first close included Arctic indigenous-owned businesses, the firm said. Founded in 2013, Anchorage, Alaska-based Pt Capital will focus exclusively on deal opportunities in the Arctic. It plans to invest in and grow companies in several Arctic regions, including northern Canada.

18 November 2015•2 mins read
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