“There is a reason Sanderling has a dominant portion of its portfolio companies located in Canada; all based on good technology, knowledgeable drug development and sound economics.” When Robert McNeil founded Sanderling Ventures in 1979 he didn’t immediately have his sights set on Canada. After all, biotech investing in the country lagged that of our
It has almost been a year since the United States triggered NAFTA renegotiations. The historic free trade agreement was officially implemented on Jan. 1, 1994 after almost two decades of negotiations and amendments. Since 1994, Canadians have enjoyed a wider-selection of goods, increased trade volume, increased foreign direct investment and the development of new jobs.
“The Market Opportunity Is Substantial” Last week, Science Magazine published a terrifying report describing how oxygen in the global ocean and coastal waters is disappearing at an accelerated rate. According to the researchers behind the report, half of Earth’s oxygen originates from the ocean; the chemical element required for human life. Not only is oxygen
On July 20th, Quebec-based Novacap Management announced the closing of its latest technology, media and telecommunications private equity fund, Novacap TMT V. Not only did Novacap successfully close the fund, the firm surpassed the target size of the fund by 40 per cent; motivated by demand from new and existing investors. Pascal Tremblay, President and
May 4-12 was Innovation Week in New Brunswick and the week was used as a backdrop for a provincial government funding announcement for the New Brunswick Innovation Foundation (NBIF). The government of New Brunswick committed to propelling the local innovation ecosystem with an injection of $45.6 million in funds over four years in an announcement
In a record-breaking H1 2016, they top our list as Canada’s most active VC By the Canadian Venture Capital and Private Equity Association The first half of 2016 saw a record 255 venture capital deals and $1.5B invested—an increase of 41 per cent from the same period in 2015. And Real Ventures emerged as the
Wellington Financial LP, a privately-held specialty finance firm, has hired Jeff Chapman as Partner and Head of Healthcare & Life Sciences in an effort to help the company break into the healthcare and life science vertical. Chapman, a seasoned life sciences investment professional, will join the firm’s Menlo Park office in the San Francisco Bay
Impact investing is on the rise, as more and more private equity (PE) investors look to achieve solid financial returns while also helping to solve some of the biggest social and environmental challenges we face. As the impact investing opportunity continues to grow, Canadian PE firms should take steps to get ahead of the curve
As merger and acquisition (M&A) transactions continue to grow in scale and complexity, so have the associated transaction costs. Consequently, it makes the tax treatment of these outlays of greater importance to all parties. The Canada Revenue Agency (CRA) has long challenged taxpayers on the deductibility of fees incurred as part of a transaction, making
The CVCA was proud to award Yaletown Partners with the 2017 Venture Capital Deal of the Year Award on June 7th, during the Invest Canada ’17 conference in Montreal. Yaletown Partners is a Vancouver-headquartered firm that invests in emerging-growth technology companies in Canada. Yaletown invested CAD $7.5 million in BitStew Systems, and realized proceeds of