Private Equity
Nova Scotia Premier Stephen McNeil has announced that a group of private investors have plans to launch a new venture capital fund based in Nova Scotia. The fund, which will be capitalized at $50 million, is being initiated by Victor Chu, chairman of First Eastern Investment Group, a private equity and venture capital firm with headquarters in Hong Kong. Premier McNeil said a key focus of the fund will be to create new opportunities for Nova Scotia small businesses in China. The announcement follows last November's launch of a new $15 million venture capital fund in Newfoundland and Labrador.
2 min read · 27 January 2015
Horsley Bridge Partners said it has raised more than $900 million toward to new venture capital fund of funds that should end up reaching about $1.1 billion.
2 min read · 27 January 2015
About 70 percent of the fund will back U.S.-based partnerships
2 min read · 27 January 2015
JPMorgan Direct leads New Jersey Division of Investment VC portfolio
1 min read · 27 January 2015
Horsley Bridge Partners has set out to raise a $1 billion venture capital fund of funds, according to a filing with the SEC.
1 min read · 26 January 2015
The federal government's Immigrant Investor Venture Capital (IIVC) pilot program, announced in December 2014, will begin accepting applications on January 28, 2015. The application period will be open until February 11, 2015 or until the maximum of 500 applications are received. Under the IIVC program, wealthy business immigrants will contribute to an IIVC fund that will invest in high-growth Canadian innovative companies. The fund, which will be managed by BDC Capital, is expected to raise at least $100 million.
3 min read · 26 January 2015
Investment firm Partech Ventures has raised 200 million euros ($225.26 million) from investors, including French retailer Carrefour, for a new fund that will invest in European technology and digital start-ups, Reuters reported.
1 min read · 26 January 2015
Expansion-stage investor Jafco Ventures is rebranding itself as Icon Ventures as part of a broader effort to raise its profile.
1 min read · 26 January 2015
Canadian boutique finance advisory firm GreenSky Capital has reorganized and added new team members to support its angel network and prepare for the launch of a new seed investment vehicle, GreenSky Accelerator Fund. The fund will invest in Canadian technology companies. GreenSky said Geoff Simonett will be stepping down as president, but will continue to chair the angel network and will join the investment committee of the new fund. Current vice president Greg Stewart will assume the president's mantle. Last June, GreenSky was profiled by peHUB Canada for its role in leveraging early-stage financing for Smart Energy Instruments Inc.
3 min read · 23 January 2015
French carrier Orange has raised 20 million euros (about $23 million) for its newly launched early-stage digital ventures fund. Orange Digital Ventures will focus on backing startups in the telecom and digital markets.
3 min read · 23 January 2015
