Private Equity
The Fonds de solidarité FTQ has reported comprehensive income totaling $992 million for the year ended May 31, 2015, which resulted in an annual return of 9.8 percent. Net assets managed by the Montréal-based private equity and venture capital firm have also reached a new high of $11.1 billion. During the past twelve months, the Fonds de solidarité FTQ said it deployed a total of $640 million in development capital to companies in Québec. Its recent investments include ATIS Group, Colo-D, Frima and Montreal Gateway Terminals.
3 min read · 06 July 2015
McRock Capital, an investor in the industrial Internet, is preparing to wrap up its debut fund after securing a commitment from one of the world’s largest electric utilities. The Toronto-based firm announced today that McRock iNFund LP received an undisclosed investment from France’s EDF, its second strategic backer. As a result, Fund I moved closer to reaching its goal of $65 million of committed capital.
3 min read · 06 July 2015
Startups and venture firms need to prepare for when, not if, the valuation bubble bursts
6 min read · 02 July 2015
VC-backed IPO activity rebounded in Q2, as 27 companies raised $3.4 billion in proceeds, according to a report from the National Venture Capital Association and Thomson Reuters. But M&A activity slumped despite LinkedIn's purchase of Lynda.com.
1 min read · 02 July 2015
The longtime president of the chipmaker’s venture arm will retire in January
2 min read · 02 July 2015
Intel Capital President Arvind Sodhani will retire in January, ending a 34-year career with parent company Intel, including 10 years at the chipmaker’s venture investing arm, Intel said Thursday.
2 min read · 02 July 2015
Claremont invested just under $16 million in the genetic-test maker, and its stake is worth $133 million at the IPO price.
2 min read · 02 July 2015
Venture capitalists worldwide put more money to work in Q2 as fierce deal competition appeared to push valuations higher for the majority of transactions and particularly later-stage ones.
1 min read · 01 July 2015
The San Jose, Calif.-based enterprise software developer raised a $56.3 million IPO
2 min read · 01 July 2015
The company, which focuses on debilitating infection of the colon, raised a $133.7 million IPO
1 min read · 01 July 2015
