Northleaf Capital collects $675m-plus for eighth private equity fund

• Northleaf Private Equity Investors VIII surpassed its original $600 million target
• The fund will provide investors with access to a diversified portfolio of mid-market private equity opportunities through a combination of primary, secondary and direct investments
• The private equity program currently serves more than 130 institutional and family office investors across North America and the UK/EMEA

Northleaf Capital Partners, a Canadian private markets investment firm, has closed its eighth flagship private equity fund at more than $675 million, beating its original $600 million target.

Northleaf Private Equity Investors VIII will provide investors with access to a diversified portfolio of mid-market private equity opportunities through a combination of primary, secondary and direct investments. The private equity program currently serves more than 130 institutional and family office investors across North America and the UK/EMEA.

“We would like to thank both our new and existing investors for their support and confidence in our team, track record and mid-market strategy,” said Mike Flood, managing director & head of private equity at Northleaf, in statement. “Our investors value our integrated private equity solutions fund, which combines mid-market fund investments with secondary market transactions and direct co-investments. Our approach helps to mitigate the ‘J-curve’ in our portfolio and has continued to generate positive, long-term returns for our investors.”

Northleaf last month closed its third flagship secondaries offering at $1.3 billion. The firm’s long-standing global private equity program has raised more than $12 billion to date.

Headquartered in Toronto, Northleaf Capital Partners has to date raised $22 billion in private equity, private credit and infrastructure commitments. The firm has additional offices in Chicago, London, Los Angeles, Melbourne, Menlo Park, Montreal, New York and Tokyo.