Insight

Technology- focused Institutional Venture Partners last week announced the close of its tenth investment vehicle, IVP X LP. Originally launched in June 2000 with a $150 million target, the fund was oversubsribed and reached a total cap of $225 million. IVP X will invest in 30 to 35 companies, investing between $5 million and $10 […]

Just when the fund-raising window seemed stuck, yet another group has managed to squeeze through the crack. This time Schroders & Associates Canada Inc. held a $204 million final close on its third buyout fund, Schroders Canadian Buyout Fund III. Schroders & Associates began its fund-raising efforts early last year with an initial target between […]

Just when the fund raising window seemed stuck, yet another group has managed to squeeze through the crack. This time Schroders & Associates Canada Inc. held a final close of $204 million on its third buyout fund, Schroders Canadian Buyout Fund III. Schroders & Associates began its fundraising efforts early last year with an initial […]

Thomson Financial’s Venture Economics unit has published investment activity levels for the European private equity market for the first time. The Venture Economics unit was formed as part of Thomson Financial’s reorganisation along market-focused lines in May 2000 and comprises the ECVJ magazine, EVCJ.com and a European research team. This new report is based on […]

Dorset Partners held a first close early this month on $300 million for its private equity fund that will target Canadian companies looking for long-term growth equity. The Ontario Municipal Employees’ Retirement System (OMERS) proved to play an important role in Dorset’s fund-raising process. The pension, one of Canada’s largest with approximately $36 billion in […]

Schroders & Associates Canada, the Canadian affiliate of U.K.-based Schroders PLC, rang in November with a first close on $110 million for its third buyout fund. The firm began raising money for Fund III at the beginning of the year and expects to hold a final close when it reaches between $180 million and $200 […]

Independent private equity firm Alchemy has sold the computer systems business of Instem that it took private after buying the entire share capital of the company. Instem was listed on the London Stock Exchange. Alchemy has become a notable player in the public to private equity arena already achieving a number of exits see EVCJ […]

Toronto-based private equity firm Counsel Corp. announced last week that it is shifting its industry focus away from health care and pharmaceutical interests and toward Internet, communications and other technology-based business-to-business enterprises. The news comes on the heels of an internal assessment in 1999 in which executives of the publicly listed company decided that Counsel’s […]

A $200 million equity commitment from Canada’s Caisse de depot et placement du Quebec to Air Canada may be used to facilitate that airline’s hostile takeover of Canadian Airlines International Ltd. Earlier this month, the Quebecois pension bought a C$150 million ($100 million) convertible subordinated debenture from Air Canada, and retained an option to buy […]

New York-based Chase Capital Partners this month formed a strategic partnership with Toronto-based Harrowston Inc., a publicly traded private equity group, to invest in Canadian companies, said Mathew Lori, a principal at Chase Capital Partners. Chase Capital and Harrowston each will commit $100 million to the joint venture that will pursue all levels of private […]