{"id":20100,"date":"2020-10-29T07:45:28","date_gmt":"2020-10-29T12:45:28","guid":{"rendered":"https:\/\/www.benefitscanada.com\/news\/imco-closes-three-private-equity-fund-commitments-at-1bn-151757"},"modified":"2020-10-29T07:45:28","modified_gmt":"2020-10-29T12:45:28","slug":"imco-closes-three-private-equity-fund-commitments-at-1bn","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2020\/10\/29\/imco-closes-three-private-equity-fund-commitments-at-1bn\/","title":{"rendered":"IMCO closes three private equity fund commitments at $1BN"},"content":{"rendered":"<div class=\"alignleft clearfix\">\n<div class=\"wp-caption feature-image alignleft\"> <img decoding=\"async\" loading=\"lazy\" width=\"316\" height=\"190\" src=\"https:\/\/www.benefitscanada.com\/wp-content\/uploads\/2017\/07\/private-equity-wheels.jpg\" class=\"attachment-feature size-feature wp-post-image\" alt title=\"IMCO closes three private equity fund commitments at $1BN\"> <\/div>\n<\/p><\/div>\n<p class=\"byline\"> <span>Staff <\/span>&nbsp;|&nbsp;October 29, 2020 <\/p>\n<p>The Investment Management Corp. of Ontario has closed three private equity fund commitments totalling $1 billion.<\/p>\n<p>The three funds are: Kohlberg Investors IX, which&nbsp;aims to make control investments in North American middle-market companies in the business services, consumer, industrial manufacturing, health care and financial services sectors: Nordic Capital X, which aims to make control investments in Northern European middle-market companies in the health care, financial services and technology&nbsp; and payments sectors; and&nbsp;North Haven Capital Partners VII, which focuses on control investments in North American middle-market companies in the business services, consumer, industrials, health care and education sectors.<\/p>\n<p><strong>Read:&nbsp;<a href=\"https:\/\/www.benefitscanada.com\/news\/imco-focusing-on-liquidity-cost-efficiency-amid-coronavirus-crisis-146066\">IMCO focusing on liquidity, cost-efficiency amid coronavirus crisis<\/a><\/strong><\/p>\n<p>\u201cAs we strive to geographically diversify our portfolio in resilient sectors supported by structural tailwinds, these funds proved to be the right opportunity for us to make a substantial commitment, which we believe will generate sound results for our clients,\u201d said Craig Ferguson, managing director of private equity at the IMCO, in a press release.<\/p>\n<p>\u201cOur flexibility and speed in deploying capital sets us apart in this market and are capabilities that both partners and clients value,\u201d he added. \u201cIn combination with establishing strategic manager relationships, we are also scaling our direct and co-investing activities in order to drive additional growth in the private equity portfolio.\u201d<\/p>\n<p> <a href=\"https:\/\/www.benefitscanada.com\/news\/imco-closes-three-private-equity-fund-commitments-at-1bn-151757\">Read the full article at BenefitsCanada.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Staff &nbsp;|&nbsp;October 29, 2020 The Investment Management Corp. of Ontario has closed three private equity fund commitments totalling $1 billion. The three funds are: Kohlberg Investors IX, which&nbsp;aims to make control investments in North&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20100"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=20100"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20100\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=20100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=20100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=20100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}