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Investissement Québec acquires a US$10 million interest and the Caisse invested US$15 million in the XPNDCROISSANCE Fund

Fasken
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Overview

Client

XPNDCROISSANCE

Investissement Québec invested $10 million, and the Caisse de dépôt et placement du Québec invested $15 million in XPNDCROISSANCE, a development capital fund for Quebec-based business with strong potential that operate in sectors such as sustainable transportation, innovative industries, technologies, media and entertainment. This investment will bring the Fund’s capitalization to $37 million. Fasken Martineau advised XPNDCROISSANCE in the establishment of its fund. The team included Michel Boislard, Carl Bélanger, Caitlin Rose and Jonathan Raizenne.

Team

  • Michel Boislard, Partner | Corporate/Commercial, Montréal, QC, +1 514 397 7634, mboislard@fasken.com
  • Carl Bélanger, Partner | Corporate/Commercial, Montréal, QC, +1 514 397 4332, cbelanger@fasken.com
  • Caitlin Rose, Partner | Co-Leader, Private Equity, Montréal, QC, +1 514 397 5277, crose@fasken.com