Georgian Partners completes first close of Growth Equity Fund

Posted by Rob Lewis

Toronto-based Georgian Partners announced today that it has successfully completed a first close ahead of its $50 Million initial target for Georgian Partners Growth Fund I.

The growth equity fund is focused on expansion stage companies, including high-potential Ontario companies, in the information technology, information aggregation and enterprise software sectors.

The Ontario Venture Capital Fund (OVCF) had previously announced its commitment as Georgian Partners' lead investor and has been actively assisting the Georgian Partners team to raise the capital required to reach a first institutional close. By providing capital to promising Ontario funds, OVCF hopes to strengthen the ability of Ontario's VC sector to support innovative, high-growth companies in Ontario by making it easier for them to find the capital, expertise and support they need.

Company:
Ontario Venture Capital Fund (OVCF)
Website:
http://www.ovcf.com/
Location:
Toronto, Ontario, Canada

OVCF is a joint initiative between the Government of Ontario and leading institutional investors to invest primarily in Ontario-based and Ontario-focused venture capital and growth equity funds that support innovative, high growth companies. OVCF is structured as a fund of funds with the primary objective of generating attractive returns for its investors. The fund held its first closing in June 2008 with $205... more

Company:
Georgian Partners
Website:
http://www.GeorgianPartners.com
Location:
Toronto, Ontario, Canada

Georgian Partners is a growth equity firm investing in expansion and later stage enterprise software and information aggregation companies. Georgian Partners leverages its capital and its team of strong global operators to support the growth objectives of its investments. Georgian Partners is based in Toronto, Ontario. Georgian Partners. more


Related Articles


blog comments powered by Disqus

Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more



Who's Hiring



Recent Comments

Powered by Disqus