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Private Equity

Novacap Wraps Up Fifth Fund At $840M

by pehub.com posted 1year ago 610 views
Canadian private equity firm Novacap has closed its fifth fund at a hard cap of $840 million. The limited partners of NOVACAP TMT V include public and corporate pension funds, insurance companies, endowments, foundations, family offices and individual investors in Canada, the U.S., Europe and Australia. The fund will focus on a wide number of tech sectors that include software, internet infrastructure and e-commerce and make individual investments ranging from $20 million to $100 million.