W Investments holds C$100m first close on sophomore fund

Canadian private equity firm W Investments has held an initial close of its second fund, raising C$100 million-plus from Quebec-based private investors.

Canadian private equity firm W Investments has held an initial close of its second fund, raising C$100 million-plus from Quebec-based private investors. W Investments Group II will make minority investments in North American businesses, primarily in Quebec, with at least $30 million in enterprise value, and allocate 25 percent of its capital to real estate projects.

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