Alaris Equity Partners

Acted for Alaris Equity Partners in its strategic recapitalization of Ohana Growth Partners, LLC, a leading Planet Fitness® franchisee.

BrandProject

Acted for BrandProject in connection with the formation of BrandProject Capital Fund II LP, an early-stage venture capital fund focused on making investments in next generation consumer product, service, and technology companies across North America.

PSP Investments

Acted for PSP Investments with the establishment of its new wholly-owned subsidiary, Canada Growth Fund Investment Management Inc., and the negotiations with the Government of Canada and Canada Development Investment Corporation in connection with the management of the newly-established $15-billion Canada Growth Fund.

ArcTern Partners Inc.

Acted for ArcTern Ventures in the formation of its third flagship fund, ArcTern Ventures Fund III, a US$335 million venture capital fund focused on climate technology companies around the world.

Golden Venture Partners

Acted for Golden Ventures in connection with the formation of its fifth fund, Golden Ventures V, a leading seed-stage venture capital fund investing across North America.

Persistence Capital Partners

Acted for Persistence Capital Partners in the formation of PCP MSP II, L.P., a $375-million continuation fund raised to support PCP’s investment in MedSpa Partners Inc., a leading acquirer and operator of medical aesthetics clinics in North America.

Sprott Inc.

Acted for Sprott Inc. in the formation of Sprott Private Resource Streaming and Royalty Annex Fund, a US$310-million annex fund that invests alongside Sprott’s first streaming fund, which brings the combined total assets under management of Sprott Resource Streaming and Royalty Corp. in both funds to US$1.1 billion.

Panel Moderator, CVCA Invest Canada ‘24, “Building World-Class Companies”; Montréal, QC

May 29, 2024

Continuation Funds: Key Considerations

Mar. 07, 2023 - Continuation funds, commonly referred to as General Partner (GP)-led secondaries or restructurings, have long divided sponsor and investor opinion. While a leading European pension fund investor recently described them as part of a broader industry “pyramid scheme,” others view them positively, as...