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Fundraising in both private equity and venture capital has been strong of late, providing managers with a lot of cash to put to work.
Fundraising in both private equity and venture capital has been strong of late, providing managers with a lot of cash to put to work.
(Steve Rabin/iStockphoto)

Private equity, venture capital activity on the upswing

Private equity and venture capital deal activity in Canada is on the rise, with first quarter figures showing gains in both types of private investing.

Canada's Venture Capital & Private Equity Association (known for short as the CVCA) said the value of private equity deals in the first three months of the year doubled from last year, jumping to $4.6-billion from $2.3-billion. In private equity, it was a case of bigger deals, as the number of transactions was up only 3 per cent to 77.