Yaletown Partners raises north of $100 mln in IGF's first close
Canadian private equity firm Yaletown Partners has held a first close of its emerging-growth technology fund at more than $100 million. As reported by PE Hub Canada in December, the firm is also increasing the target for Yaletown Innovation Growth Fund (IGF) to $200 million from $135 million. IGF's initial close secured capital commitments from domestic and global institutional investors, including OPTrust, BDC Capital, Alberta Enterprise Corp, Kensington Venture Fund and BC Tech Fund, as well as family offices and wealthy individuals. IGF has already led or co-led financings of Finn.ai, ThoughtWire and Circle Cardiovascular Imaging.
6 June 2018•3 mins read
