Kensington Capital Partners has achieved a $228m final close for its fund of funds backed by investors including Torstar and OpenText.

Canada-based alternative asset management firm Kensington Capital Partners revealed a C$306m ($228m) final close of its corporate-backed fund of funds yesterday following commitments from wealth managers, private foundations and private individuals.

Kensington Venture Fund’s limited partners include media company Torstar Corporation, which supported a second close at C$193m in June 2015, and enterprise software developer OpenText, which contributed to a first close at C$160m in 2014.

The first close was led by Venture Capital Action Plan, a C$400m…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?