Northleaf commits $30 mln to latest iNovia, IVP fund closings
Northleaf Venture Catalyst Fund (NVCF) has made $30 million in commitments to two Canadian venture capital funds: iNovia Investment Fund 2015, which held a $175 million final close this month, and Information Venture Partners II, which held a $72.5 million initial close. NVCF was the lead investor in both funds. A venture fund of funds managed by Northleaf Capital Partners, NVCF closed at its hard cap target of $300 million in mid-2015. To date it has deployed more than 75 percent of its capital. NVCF is managed by Northleaf Director Ian Carew.
26 January 2016•4 mins read
