Managers

Ontario Teachers’ nets 32.3 pct through PE, VC portfolio

5 Qs with John Albright, managing partner of Relay Ventures

One of the co-founders of Toronto-based Relay chats about what he sees in mobile tech

Investors’ appetites for edible insects are growing

Investment has been minimal, but edible insect companies have so far attracted the interest of Mark Cuban and Mark Zuckerberg’s younger sister

On the Bleeding Edge: Sequoia stands strong; 500 Startups is key VC firm to watch

Wrap-up of recent VC-related events and activities, from what the Midas List to upcoming Q1 data

Array Ventures holds $2.8 mln initial close

San Francisco-based Array Ventures, has raised $2.8 million toward a targeted $10 million inaugural fund, according to a regulatory filing.

Founders Fund VI raises $1.3 bln

Founders Fund said Friday its sixth fund closed at $1.3 billion. Founders Fund VI will be led by partners Lauren Gross, Ken Howery, Geoff Lewis, Scott Nolan, Luke Nosek, Brian Singerman and Peter Thiel.

SoftTech expands its opportunity fund to $45 mln

SoftTech VC, which filed with the Securities and Exchange Commission in January to raise two new funds, has expanded the size of one of the funds by 50 percent, according to a new regulatory document.

Forté seeks $75 mln for sophomore fund

Atlanta-based Forté Ventures, a multi-stage investor, is seeking to raise $75 million for its second fund, according to a regulatory filing.

Data Spotlight: M&A surpasses $1.2 bln in February

NEA, DFJ each achieve two exits in the month

Fonds de solidarité FTQ applauds restored federal tax credit

The Fonds de solidarité FTQ has welcomed the full reinstatement of the 15 percent federal tax credit for contributions made to labour-sponsored funds for the 2016 fiscal year. The federal government announced the initiative this week in its 2016 Budget. The tax credit, which matches a Québec government credit of equal value, was scheduled to be fully phased-out by 2017. Other Canadian labour-sponsored funds, including Fondaction CSN, also welcomed the reinstatement. Based in Montréal, the Fonds de solidarité FTQ manages net assets of $11.2 billion.