The deal, backed by the Canadian and German governments, aims to build a transatlantic alternative to US hyperscalers.

The new platform will target mid-market primaries, secondaries and co-investments.

The Vancouver-based firm is constantly evolving its focus areas to keep up with the new waves.

Josh Raffaelli, former head of venture growth investing at Brookfield, is suing the firm for wrongful termination.

The pension’s PE arm is set to take a controlling stake in an IT managed services provider.

The Board of Trustees of the Healthcare of Ontario Pension Plan named Annesley Wallace as its new president and chief executive officer.

Canada is home to some of the biggest startups in the VC ecosystem. These are the 10 most active investors in Canadian startups according to PitchBook data.

OMERS Ventures is closing its London office as it refocuses on North American opportunities.

Altas Partners closed its third fund on $4 billion, a testament to its patient investment thesis.

The new initiative follows the departure of Drive co-founder Mark Kvamme last year.

Venture capital investment in Canadian startups surpassed $13.6 billion in 2021, more than double the previous high of $5.8 billion in 2019. So far this year, the ecosystem has continued that pace.

Across the majority of Europe, cannabis remains illegal, but that hasn’t put off investors who see a nascent market and an untapped opportunity.

Flutter Entertainment’s move to acquire The Stars Group puts the Irish betting giant at the forefront of a transatlantic land grab for the newly regulated US sports-betting market.

BC Partners has purchased a 51% stake in private security company Garda World Security from Rhône Capital in a deal that values the Montreal-based business at C$5.2 billion (about $3.96 billion).

PitchBook’s Canadian PE & VC FactBook offers a snapshot of the Canadian private equity and venture capital industries, identifying key trends emerging from relevant datasets.

With Canada legalising recreational marijuana, the coming year could cement the global emergence of cannabis. We spoke with Bruce Linton, CEO of Canopy Growth, about his industry’s future.

Canopy’s $205 million deal for Hiku highlights how rapidly the cannabis sector is consolidating in anticipation of legal recreational marijuana sales in Canada as the Cannabis Act takes effect later this year.

Since 2012, more US investors have invested in Canadian firms than Canadian investors have themselves. Why the sudden interest in the country?