Private Equity
Northleaf Capital Partners has closed Northleaf Venture Catalyst Fund II (NVCF II), a fund of funds earmarked for investments in Canadian venture capital funds and technology companies, raising $300 million. NVCF II, backed by Ottawa's Venture Capital Catalyst Initiative (VCCI), closed at its hard cap with the help of institutional, high-net-worth and family office investors. They included BDC Capital, Canada Pension Plan Investment Board, Sun Life and TD Bank Group, which joined the fund's initial close in December. New money came from Manulife, BMO Capital Partners, clients of BMO Private Bank Asia and others. NVCF II has so far made commitments to Inovia Capital, StandUp Ventures and Versant Ventures.
4 min read · 04 June 2019
2 min read · 04 June 2019
1 min read · 04 June 2019
Northgate Capital has set out to raise a $120 million venture-capital fund, according to a filing with the SEC.
1 min read · 04 June 2019
Northgate Capital has set out to raise a $120 million venture-capital fund, according to a filing with the SEC.
1 min read · 04 June 2019
Runa Capital has raised $1.22 million for its third fund, according to an SEC filing. The target is $100 million. The Palo Alto, California-based venture firm invests in technology firms.
1 min read · 03 June 2019
2 min read · 03 June 2019
Georgian Partners is preparing to launch a fifth growth equity fund with a target of about $1 billion (US$750 million), according to a report by the Globe and Mail. Georgian recently announced its plans to existing limited partners, the report said. The Toronto-based firm closed Georgian Partners Growth Fund IV last year at its $715 million (US$550 million) hard cap. Founded in 2008 by Managing Partners John Berton, Simon Chong and Justin LaFayette, Georgian is well known in the market for its applied-analytics investment thesis, allied with a focus on applied artificial intelligence, conversational business, and security in software design.
1 min read · 03 June 2019
MMC Ventures has launched a seed fund at 52 million pounds to back London-based early-stage businesses, according to an announcement on its site. Alan Morgan serves as chairman of MMC Ventures while Bruce Macfarlane is managing partner and Ameerul Miah is chief operating officer and a partner.
1 min read · 03 June 2019
3 min read · 03 June 2019
