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After Aritzia, Bay Street has to decide which IPO is next Add to ...

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Like wine makers, private equity funds describe their investments in terms of vintage years.

For an example of what’s in the private equity cellar, look no further than Berkshire Partners LLC, a Boston-based fund manager that pulled the cork on a 2005 vintage this week by selling a portion of its stake in Aritzia Inc. for $230-million as part of the Vancouver-based fashion retailer’s $400-million initial public offering. Aritzia shares begin trading Monday on the Toronto Stock Exchange.

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