Québec Manufacturing Fund nets $100 mln commitment from the Caisse de dépôt

Canadian pension fund manager the Caisse de dépôt et placement du Québec has committed another $100 million to the Québec Manufacturing Fund LP (QMF), a private equity fund formed in 2006 to invest in Québec businesses in the manufacturing sector that present attractive opportunities and have the potential to make significant improvements to their operations. With assets under management now totaling $200 million, the Saint-Bruno, Québec-based QMF will enter its second phase of investment activity. Since its inception, the fund has completed investments involving five Québec manufacturers: Avant-Garde Technologie CMFA Inc, Ezeflow Inc, Fraco Products Ltd, Hason Steel Products Inc, and Liberty Spring Inc.

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