May 13, 2014
Leading Montreal-based private equity firm launches Canada’s largest fund dedicated to technology, media and telecommunications
Montreal (Quebec), May 14, 2014 – Montreal-based private equity firm NOVACAP is pleased to announce today it has raised $375 Million to form Canada’s largest private equity fund in the technology, media and telecommunications (TMT) sector. NOVACAP TMT IV is supported by established Canadian and Quebec pension funds, leading financial institutions, banks, and family offices. This new fund aims at financing small and medium-sized companies with high growth potential to help them become world-class leaders.