Pensions

Investors include La Caisse, BDC, Investissement Québec, Teralys, the Fonds de solidarité FTQ, CIBC and Fondaction.

The California pension plans to make intermittent investments in VC funds, but it will focus on building out its core buyout strategy.

SingleSpoke plans to apply AI to traditional mom-and-pop businesses, starting tech-forward platform companies and using M&A to add on legacy players.