A turning point for VC fund raising in Canada?

27Apr09

The Caisse de dépôt et placement du Québec and the Fonds de solidarité each contributed $250 million and Investissement Québec contributed $200 million to Teralys Capital, all as part of the Fund’s first closing. Mr. Bernier expect to raise an additional $125 million from other institutional and private investors, bringing the first fund size up to $825 million.

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Tags: Canada, CDPQ, Fond FTQ, Fund of Funds, Quebec, VC, venture capital