Ontario Venture Capital Fund joins Research In Motion and Thomson Reuters as lead investors in Blackberry Partners Fund II.
The Ontario Venture Capital Fund (OVCF), a C$205m ($207m) Canada state-backed investment fund, has committed to Blackberry Partners Fund II, a local venture capital firm spun out from its corporate sponsors last year.
Melissa McJannet, managing director of Northleaf Capital Partners, the manager of OVCF, said: "The investment in Blackberry Partners is reflective of OVCF’s strategy to invest in best-in-class Ontario-based and Ontario-focused venture capital and growth equity funds. Blackberry Partners has served as a local champion in the Ontario…
