90 days into its new Federal mandate, Northleaf goes off script

2 responses

  1. Bryan Kerdman says:

    VCAP Managers have the right to place a certain percentage of their fund in Direct deals. They can also place a certain percentage in US Venture Funds.

    • Mark McQueen says:

      Thanks for the insight Bryan

      Why would the government want them to do that?

      How does a $2M direct investment in a particular company any way help Northleaf fulfill the job of “constructing a focused portfolio of high-potential fund managers with sufficient scale and resources to deliver world-class returns, and by promoting the ongoing adoption of global best practices across the Canadian venture capital industry”?


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