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National Bank SME Growth Fund, L.P. a fund created in partnership with the Québec government, with a capitalization of $200 million to drive Québec's economic recovery

Fasken
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Overview

Client

National Bank Private Investments

On January 12, 2021, National Bank Private Investments announced that it had completed the initial capitalization of $200 million for the National Bank SME Growth Fund, L.P. This capitalization was made possible thanks to the participation of more than 245 private investors.

This capitalization will allow the National Bank SME Growth Fund, L.P. to start its funding activities. Announced in July 2020 and created in partenership with the Québec government, the Fund will support Québec's economic recovery following the impact of the COVID-19 pandemic as well as the digital transformation of small and medium-sized enterprises.

A Fasken team composed of Jonathan Halwagi, Anabel Quessy, Marcelo Ciecha, Jean-Philippe Joyal, Laurence Brien-Roch, Ryan Rabinovich and Andrew Haikal advised National Bank Private Investments with regard to this transaction. 

Jurisdiction

  • Québec

Team

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