Private Equity
The Fonds de solidarité des travailleurs du Québec FTQ has reported a new record for its share value, which stood at $31.36 at the end of November 2014. This translated into a 6-month return of 3.5 percent and a 12-month return of 7.4 percent. The Fonds de solidarité FTQ also reported comprehensive income of $351 million as of November 30, which increased its net assets to $10.5 billion. It also said it has invested $240 million in unsecured risk capital in Québec businesses. Last June, the Montréal-based firm appointed Gaétan Morin as its new president and CEO.
4 min read · 05 January 2015
Rivet Ventures, a venture firm targeting startups focused on female consumers, plans to raised a $50 million fund, according to a document filed with the Securities and Exchange Commission.
1 min read · 02 January 2015
According to a Form D SEC filing, Aperture Venture Partners has raised almost $50 million for its third healthcare-focused fund. The target is $100 million.
1 min read · 02 January 2015
A summary of fundraising news worldwide, including Artis, Obvious, Fenox, IQ Capital, Golden and others
10 min read · 01 January 2015
Toronto-based investor will make LP commitments and direct, Series B deals
3 min read · 01 January 2015
Vivo Ventures has raised a $428 million eighth fund while QuestMark Partners announced it received commitments of $152 million toward its fourth fund, according to documents filed with the Securities and Exchange Commission.
1 min read · 24 December 2014
Relay Ventures III, the third mobile technologies fund of Canadian venture capital firm Relay Ventures, has been awarded $15 million from the federal government's Venture Capital Action Plan (VCAP). The commitment, which was the result of a recommendation from the government's venture capital expert panel, is part of a $50 million VCAP initiative to invest in high-performing Canadian funds. Based in Toronto and Menlo Park, Relay Ventures is led by co-founders and managing partners John Albright and Kevin Talbot. According to the firm's website, it currently has 39 portfolio companies. They include Bionym, theScore and TouchBistro.
2 min read · 23 December 2014
Improvements from Element, NGEN standout in CalPERS Clean Energy portfolio
1 min read · 22 December 2014
Flagship Ventures and Updata Partners are both raising fifth funds, according to a pair of filings with the Securities and Exchange Commission.
1 min read · 18 December 2014
A surge of late year fundraising drove the venture industry to another post dot-com bubble record: about $33 billion was raised by U.S.-based VCs for new funds in 2014, the most since 2001.
3 min read · 18 December 2014
