Ontario Teachers' unveils tech-focused VC, growth equity platform
Ontario Teachers' Pension Plan has launched a new platform focused on late-stage venture capital and growth equity investments in technology companies. Teachers' Innovation Platform (TIP), which will target global opportunities to disrupt incumbents and create new sectors, will be led by Senior Managing Director Olivia Steedman. Steedman, who joined the $191 billion Canadian pension fund in 2002, was previously managing director of the infrastructure and natural resources group. Steedman said TIP will take advantage of "significant opportunities to invest in the new businesses and sectors" emerging from "unprecedented change" in computing, materials science, robotics, medicine and other areas.
23 April 2019•3 mins read
