Private Equity
3 min read · 22 October 2016
1 min read · 21 October 2016
Alternative assets investor Kensington Capital Partners has been appointed by the British Columbia government to manage its new $100 million BC Tech Fund. Toronto-based Kensington, which closed Kensington Venture Fund at $306 million in March, also announced the opening of a new office in Vancouver. It will be led by Dr. Gerri Sinclair, the firm's new managing director. BC Tech Fund will invest in local venture capital funds and companies based in IT, digital media, clean technology and life sciences sectors. It made a debut investment in Mojio Inc, a Vancouver connected car app platform. Mojio's other investors include 500 Startups, Amazon, BDC Capital and Relay Ventures.
4 min read · 21 October 2016
2 min read · 21 October 2016
2 min read · 20 October 2016
Linse Capital has closed its second fund at $22 million, according to an SEC filing. The Menlo Park, California-based venture firm recently led a $50 million funding round for electric vehicle-charging network ChargePoint.
1 min read · 20 October 2016
3 min read · 20 October 2016
2 min read · 20 October 2016
Canadian royalty financing firm Grenville Strategic Royalty Corp has secured two new partners to support its growth plan. An affiliate of Gravitas Ilium Corp and Darwin Strategic Royalty Corp will co-invest alongside the firm on new investments. The partners will also have the right to use Grenville’s intellectual property and royalty-based investment strategy. Toronto-based Grenville, which as of June 30, 2016 reported a portfolio return of 21 percent since inception, said the initiative will add scale to its model and enable the firm to participate in a more opportunities.
10 min read · 19 October 2016
Maywic Select Investments is targeting $25 million for its second fund, according to an SEC filing. The Cincinnati-based venture firm focuses on early-stage and growth consumer companies.
1 min read · 19 October 2016
