Fund Formation

Fund Formation

• Scotia Global Asset Management on the formation of its Scotia Private Real Estate Fund, the first in a series of private funds providing investors access to real estate, private equity and private credit investments. 

• Clear Sky Capital Inc. on the formation of its series of Padlock funds, each designed to invest in a portfolio of income producing self storage facilities in the UK. 

• Starlight Investments Capital GP Inc. on the structuring, formation and launch of Tower Development Trust, established to invest in the development and leasing of telecommunications towers and related infrastructure in the U.S. 

• BentallGreenOak on its various fund formation activities, including open-end and closed-end real estate funds, related parallel funds and debt funds.

• Brookfield Public Securities Group LLC on all legal matters (securities, tax and regulatory) in the development and launch of uniquely structured funds that provide exposure to alternative asset classes, including real estate, private credit and infrastructure.

• Canterbury Capital, LLC on its fund formation activities. 

• Carbon Infrastructure Partners/JOG Capita on the formation and offering of units of energy-focused private equity funds and secondary investment funds, as well as the funds’ ongoing activities and investments.

• Concert Real Estate on converting its closed-end real estate fund into an open-end fund and its ongoing activities for the fund.

• Desjardins Group on the establishment of Aequitas, a C$50-million private investment fund focused on impact finance to promote gender equality, combat climate change and contribute achieving other sustainable development goals.

• Desjardins Global Asset Management Inc. on the development of an evergreen investment funds (Global Private Infrastructure Fund) seeking to raise over C$3-billion in the next three to five years, in order to invest in renewable energy, telecommunications, transportation, airports, roads and other similar sectors.

• Disruption Ventures Limited Partnership on its launch of a women-focused venture fund and its initial raise of C$13-million.

• The general partners of the HarbourVest Canada Growth Fund, the Teralys Capital Innovation Fund and the Northleaf Venture Catalyst Fund in structuring federal venture capital action plans.

• Genstar Capital Partners VII, LP on Canadian fund formation matters.

• MCAP, one of Canada’s largest lenders for residential and commercial properties, on its commercial mortgage fund.

• Macquarie Group Limited on the marketing of its various private equity and investment funds in Canada and the formation of its Canadian limited partnership feeder funds.

• Open Text Corporation on the formation of a C$100-million fund, OpenText Enterprise Application Venture Fund, designed to provide capital to emerging Canadian technology companies.

• Private Debt Partners Inc. on the formation of its Core Debt Fund and Senior Opportunities Debt Fund.

• Purpose Investments Inc., as manager, on the development and launch of a private fund that provides exposure to the private debt and specialty lending sectors.

• ​Staircase Ventures on its venture fund formation, including design, structuring and management, and its ongoing portfolio company investment activities.

• Storytime Capital on the launch of its inaugural fund, Storytime Capital Partners LP, a venture fund focused on worktech companies, which raised over C$15-million.

• ​Venn Growth Partners on fund formation (structuring, fundraising and fund management matters) and all of their portfolio investments to date.​

Acting for Anchor Investors

• Caisse de dépôt et placement du Québec, Investissement Québec and other participants on their investment in Inovia Capital’s C$450-million backing of domestic technology champions.

• A cornerstone investor on the formation of Carlyle Credit Opportunities Fund.

• One of Canada’s largest pension funds on its flagship investment in various Catterton funds, including Catterton’s growth platform, and related co-investments.

• A cornerstone investor on the formation of Forgestone Mortgage Fund, a Canadian fund.

• Harvest Portfolio Groups on the formation of a Canadian co-investment vehicle for one of Canada’s largest institutional investors and a Canadian pension fund.

• Healthcare of Ontario Pension Plan as a cornerstone investor in multiple funds across many sectors including real estate, infrastructure, insurance-linked securities and private equity.

• iCapital Network Canada Ltd. on the launch of feeder funds to provide Canadian investors access to leading international asset managers and strategies, including private equity and private debt.

• L Catterton Management Company LLC on the formation of Canadian feeder fund, alternative investment and co-investment vehicles.

• A Canadian pension fund on creating a bespoke Northleaf-managed investment fund.

• A cornerstone investor on the formation of Sagard Credit Fund, headed by a former managing director of the Canada Pension Plan Investment Board.

• A cornerstone investor on the formation of Timbercreek Multi-Residential Limited Partnership Fund.