Canadian Fund of Funds Teralys Invests $15M in Iris Capital III
October 26, 2012
Iris Capital’s third fund, the $200 million Iris Capital III, has received a $15 million investment from Canadian fund of funds Teralys Capital. Iris Capital commonly invests in companies related to media, telecommunications and information technologies. As part of Teralys’ search for new investment opportunities in Quebec, the $15 million will go entirely to companies in that particular Canadian province.