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Tsang, who replaces Heather Crawford, joined Fengate in 2016.
RBC Global Asset Management has agreed to buy a 50 percent stake in a real estate portfolio of QuadReal Property Group, an investment arm of British Columbia Investment Management Corp.
Canadian private credit firm Third Eye Capital has secured a minority investment from Kudu Investment Management.
Fulcrum Capital Partners has invested in Creative Outdoor Advertising, a Gormley, Ontario-based street-furniture advertising provider for local businesses in North American municipalities.
Canadian private equity firm Fulcrum Capital Partners has initially closed its sixth flagship fund, targeted to raised more than C$300 million.
Consumer & Retail news
Morrisons has called for an auction to settle whether Fortress Investment Group or Clayton Dubilier & Rice acquires Britain’s fourth-largest grocer, Bloomberg reported.
Osisko Green Acquisition, a special purpose acquisition corporation, has closed a C$250 million initial public offering on the Toronto Stock Exchange and will begin trading this week.
Four Seasons Hotels and Resorts said longstanding shareholder Cascade Investment has agreed to acquire a controlling interest in the Toronto-based luxury hospitality business.
Prior to joining Sycamore Tree, Travers was a loan and CLO portfolio manager and investment committee member at Onex Credit Partners.
HTEC Hydrogen Technology & Energy Corp, a Vancouver-based provider of hydrogen supply solutions, has closed a C$217 million investment.
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