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Northleaf Capital Closes On $300 Million Fund

Friday, July 24, 2015 5:01:00 AM PDT | VentureDeal
   Toronto, Canada  --  Northleaf Capital Partners announced that its latest fund has held its final close at $300 million.

Called the Northleaf Venture Catalyst Fund, the fund received investments from investors such as Sun Life Financial, high net worth and family office investors as well as previous Northleaf investors.

The latest fund brings Northleaf's total funds raised to $6.9 billion.

Northleaf said the fund is the first of its kind, under the Federal Government Venture Capital Action Plan, to reach its maximum fund size.

The Fund will invest in a variety of high-growth  industries, including general technology as well as life science firms.

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