The conglomerate is funding the newly formed Walter Capital Partners with $100m of capital from another subsidiary, Walter Financial.
Canada-based diversified conglomerate Walter Group of Companies has launched a private equity subsidiary dubbed Walter Capital Partners with $100m of capital committed through its investment firm, Walter Financial.
Walter Capital is expected to raise an undisclosed amount of additional funding from its managing partners and other, undisclosed sources.
The firm’s managing partners are Pierre Fitzgibbon, who previously served as president and CEO of health products manufacturer Atrium Innovations, and Éric Phaneuf, a former vice-president at recycled packaging producer Cascades.
Walter…
