Vancouver-based Yaletown Partners has launched a new fund earmarked for technology companies in Canada that have exceptional growth potential, but often too little cash.
Yaletown Emerging Growth Fund is targeted to raise $135 million in committed capital, Yaletown General Partner Mike Satterfieldtold PE Hub Canada. Fundraising is expected to commence shortly, with the goal of reaching a final close by the end of the year.
The fund, Yaletown’s third since its founding in 2002.
Author: PE HUB, Kirk Falconer