Novacap completes a second major continuation vehicle transaction
December 16, 2021
The new fund will support the growth of Master Group
Novacap announced today that it has completed the closing of its second major continuation vehicle. Novacap Industries V and the continuation vehicle have acquired a majority interest in the Master Group (Master) from Novacap Industries III and other shareholders. As a result of this transaction, the total capital raised to support the growth of Master is C$1.1 billion..