Yaletown Partners brings on Michael Sfalcin as principal

Canadian private equity firm Yaletown Partners has hired Michael Sfalcin as a principal. Sfalcin will be based in Yaletown's Toronto office, helping the firm identify and create new investment opportunities across Canada. He joins from BMO Financial Group, where he served as director of financing, technology and innovation sector. Before then, he was an investment director at Canadian venture capital firm BEST Funds. Last year, Vancouver-based Yaletown held the first close of its emerging-growth technology fund, Yaletown Innovation Growth Fund, raising more than $100 million.