On February 3, 2010, CPP Investment Board (CPPIB) and Northleaf Capital Partners Ltd announced that CPPIB has committed an additional C$400 million to the Canadian private equity and venture capital market. The funds will be committed to a Canadian fund-of-funds program that will be managed by CPPIB’s longstanding investment partner Northleaf Capital Partners (formerly TD Capital Private Equity Investors). Northleaf Capital Partners was selected in 2005 to manage a previous C$400 million commitment by CPPIB to smaller Canadian private equity firms and Canadian venture capital firms.
The mandate of this additional investment is to focus on Canadian small/mid-market buyout, venture capital and growth equity funds that are seeking to raise C$750 million or less in capital commitments.
Northleaf Capital Partners is Canada's largest independent global private equity fund manager and advisor.
Further information is found on CPPIB's website.