Tricor Pacific Capital's Fund V rebrands as Parallel49 Equity
Canadian private equity firm Tricor Pacific Capital has rebranded its fifth fund, Tricor Pacific Capital Partners Fund V, and its investment advisory business. The new firm, Parallel49 Equity, takes its name from Tricor's long-standing deal presence on both sides of the Canada-United States border. Parallel49 Equity, which has offices in Vancouver and Chicago, will invest $400 million in mid-market companies in specialty manufacturing, business services and value-added distribution sectors. The firm will be led by Managing Partners Brad Seaman, Scott Daum, Nick Peters and Rob Wildeman. Rod Senft and Trevor Johnstone, Tricor's founders, will sit on its investment committee.
8 December 2015•2 mins read
