Torquest closes fifth fund

The Toronto-based fund manager surpassed its target and raised up to its hard-cap.

  • Fund name: Torquest Partners Fund V
  • Target size: C$1.1 billion
  • Hard-cap: C$1.375 billion
  • Stage of fundraising: Final close
  • Final close date: March 2020
  • Predecessor fund:  Torquest Partners Fund IV (C$925 million)
  • Legal adviser: Torys LLP
  • Placement agent:  Credit Suisse Private Fund Group

Torquest Partners has closed its latest fund at its C$1.375 billion hard-cap surpassing its C$1.1 billion target. Torquest Partners Fund V will continue to exercise its predecessors’ fund strategy investing in mid-market firms in North America.