Portland commits to industrial services fund of Newlook Capital
Portland Investment Counsel Inc, a firm led by Canadian billionaire Michael Lee-Chin, has agreed to partner with Canadian specialty private equity firm Newlook Capital. An affiliate of Portland committed an undisclosed amount to Newlook Capital Industrial Services LP, which invests in lower mid-market industrial services companies located in Canada and the United States. Founded in 2010, Toronto’s Newlook is led by President and Managing Partner Elroy Gust.
17 November 2016•2 mins read
