News & Views
Northleaf and AMP Capital close deal to acquire Chicago’s Millennium Garages for US$370 million
Northleaf Capital Partners and AMP Capital have reached financial close on a transaction to acquire the largest underground parking system in the United States, Chicago Downtown Public Parking System, from LMG2, LLC, through a newly-established joint venture.
Northleaf Capital Partners welcomes three new team members across the firm
Northleaf Capital Partners is pleased to announce that Derek Chan, Faisal Farah and Scott Stephens have joined our firm and will be based in the Toronto, Canada office.
Dominic Owen and Mitch Reeves join Northleaf Capital Partners as Associates on the private equity team
Northleaf Capital Partners is pleased to announce that Dominic Owen and Mitch Reeves have joined our firm as Associates on the private equity team.
LMG2 Announces Sale of Millennium Garages Concessions
LMG2, LLC, the concessionaire of the Chicago Downtown Public Parking System, or Millennium Garages, announced today it has reached an agreement to sell the concession assets to Millennium Garages LLC, a joint venture comprised of Northleaf Capital Partners (“Northleaf”) and AMP Capital. The sale will give Millennium Garages LLC exclusive concessionaire rights and responsibilities to operate, manage, maintain and collect parking fees and other revenues in connection with the Millennium Garage system.
Northleaf Venture Catalyst Fund commits $30 million to two leading venture capital funds
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 continues to build global investment team with new additions and promotions
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.