PRINT THIS PAGE Ventures West closes Canada's largest ever venture capital fund15/09/2004. Source: AltAssets. 
 Ventures West has announced the final close of Canada's largest ever venture capital fund with C$250m. The fund will invest in early-stage technology companies in the biotechnology, communications, energy technology and information technology sectors.
Investors in Ventures West 8 include British Columbia Investment Management Corporation, Business Development Bank of Canada, Caisse de Depot et Placement du Quebec, CPP Investment Board, Edgestone Capital Partners, OMERS, University of Toronto Asset Management, and Teachers' Private Capital.
'This is a record fund for Ventures West and for the Canadian venture industry,' said Robin Louis, president of Ventures West. 'The fact that we raised more money than our previous fund, which was raised at the peak of the technology boom, is testament to the confidence institutional investors have in Ventures West and in the venture capital industry in this country.'
Copyright © 2004 AltAssets
|
