News & Views

Northleaf Venture Catalyst Fund (NVCF) today announced it has recently made commitments totalling $30 million to two leading Canadian venture capital funds: iNovia Investment Fund 2015 and Information Venture Partners II. These recent commitments are in addition to the commitments that NVCF has already made to a number of other top Canada-based/focused venture fund managers (including Georgian Partners, XPV Water Partners, Golden Venture Partners, VersionOne Ventures, Versant Ventures and Relay Ventures) and a number of direct co-investments in innovative, high-growth Canadian companies (including Wattpad, Silanis, eSentire, Vision Critical, FreshBooks, Scribble Technologies and Zymeworks).

Northleaf Capital Partners (“Northleaf”) is pleased to announce that it has expanded its global capabilities with the addition of new team members and a number of key promotions across the firm. The Northleaf team, which now numbers 70 professionals located in Toronto, Canada, London, UK, and Menlo Park, USA, is focused exclusively on sourcing, evaluating and managing private equity and infrastructure investments globally. With approximately $7 billion of commitments under management, Northleaf has continued to develop its team and capabilities to anticipate and support the growth of its global private markets business.

Ormat Technologies, Inc. (NYSE:ORA) announced today that the second phase of its Don A. Campbell geothermal power plant located in Mineral County, Nevada began commercial operation on September 17, 2015. The power plant is expected to generate 19 MW (net) on a yearly average basis, above the nominal target of 16.2 MW listed in the 20-year Power Purchase Agreement (PPA) with the Southern California Public Power Authority (SCPPA). SCPPA resells the entire output of this plant to the Los Angeles Department of Water and Power (LADWP).

Northleaf Capital Partners is pleased to announce that its growing infrastructure investment program has surpassed $1.5 billion in capital commitments across its OECD-focused fund and its recently expanded custom North American mid-market fund, which Northleaf designed and manages for a leading Canadian institutional investor. As a key component of the firm’s $7 billion global private markets investment business, Northleaf’s infrastructure program is focused on direct, long-term investments in OECD countries, providing investors with stable, consistent cash flows from assets that deliver essential products and services.

Northleaf Capital Partners (“Northleaf”) is pleased to announce that Northleaf Venture Catalyst Fund (“NVCF” or the “Fund”) recently held its final closing achieving its maximum fund size of $300 million.‎ The Fund's final closing included new commitments from Sun Life Financial and a number of high net worth and family office investors, as well as additional commitments from existing NVCF investors. As part of Northleaf’s broader global private markets investment business, the successful closing of NVCF brings Northleaf’s total capital commitments to approximately $6.9 billion.

Northleaf Capital Partners is pleased to announce that Kristin Shearer joins our firm as an Associate in our Toronto, Canada office.