Private Equity
Imergy CEO Bill Watkins talks about cleantech investing and his company’s market opportunity
3 min read · 12 February 2015
The Federal Economic Development Agency for Southern Ontario (FedDev Ontario) has agreed to commit up to $500,000 to York Angel Investors, a network of angel venture capitalists based in Markham, Ontario. The funds will help the organization improve its investment tools, expand its investor base and pool, and improve mentoring support to early-stage companies in Ontario. Since it was founded in 2008, York Angel Investors has invested $4.9 million in 31 companies. FedDev Ontario said it has committed more than $3 million to 12 angel organizations.
3 min read · 11 February 2015
SaskWorks Venture Fund, a retail venture capital fund managed by Regina-based PFM Capital, has raised a total of $40 million in its latest fundraising period, reaching its allotted tax-eligible subscription limit. The fund will re-open for subscription sales on March 5, 2015. Founded in 2001, SaskWorks Venture Fund invests in small and medium-sized private companies. It currently has over 27,900 shareholders and has approved more than $354 million for investment.
1 min read · 11 February 2015
Lux Capital has set out to raise a $350 million fourth fund, according to an SEC filing. No first close is yet reported. The firm's previous $245 million fund was raised in 2013, according to Thomson Reuters.
1 min read · 11 February 2015
Emergence Capital Partners said it raised a $335 million fourth fund, Emergence Capital Partners IV. The firm, in a press release, said the fund was "immediately oversubscribed" and eventually capped.
3 min read · 11 February 2015
New reports from the Canadian Venture Capital & Private Equity Association (CVCA) and Thomson Reuters suggest that deal making in Canada’s venture capital market was red hot in 2014. Indeed, Thomson Reuters said dollars invested in Canadian technology sectors last year reflected the biggest total in more than a decade. On the other hand, venture capital fundraising in 2014 declined 15 percent year over year.
3 min read · 11 February 2015
The Bronfman family's Claridge Inc and the Caisse de dépôt et placement du Québec have jointly launched a new firm to invest in Israel's civil technology and innovation sectors. The firm, which is called Claridge CDPQ Israel, will operate from headquarters in Tel Aviv and will seek out opportunities to invest in high-growth companies. Claridge CDPQ Israel will be led by Oded Tal. Tal was previously a managing director at Israeli investment banking firm Leumi Partners and, before then, was Claridge's CIO at its office in Montréal.
3 min read · 11 February 2015
The growth in Silicon Valley startup valuations continued to skyrocket in the fourth quarter, setting a 10-year record, according to a survey of private company transactions.
1 min read · 11 February 2015
Zetta Venture Partners has closed its first fund at $60 million. The pool will focus on early-stage analytics companies, mostly in the enterprise and industrial sector. Mark Gorenberg and Ash Fontana are the venture firm's managing directors.
3 min read · 11 February 2015
Listen to some, like TPG Capital Founding Partner David Bonderman, and private equity is somewhere in the middle of its cycle. Talk to others and a different story emerges.
2 min read · 10 February 2015
