Archive for May, 2010
“Renewable energy push from oil spill”
31 May 2010With the ongoing sad events in the Gulf of Mexico, the Globe and Mail did a story a few days ago on the role that biodiesel will play in the coming years. Big mandates are around the corner, and there’s not enough local supply. Biox (BX:TSX), a Wellington Financial Fund III portfolio co., [...]
CPPIB Canadian general partner Q4 2009 performance numbers
29 May 2010The 4th quarter CPP Investment Board results are out for the world of private fund managers. Apologies about the delay, but things have been busy.
What changed this quarter, at least on first look, is that many funds had their vintage years change. At least five recognizable Canadian funds were moved a year [...]
Bridgescale Partners and Edgestone’s Venture Fund to team up?
27 May 2010Change is afoot in the Canadian venture capital landscape. It has just been four weeks since I penned the “The creative destruction of Canada’s VC industry” post, and here we are. The creative part of the “creative destruction” appears to be underway at five different VC firms.
Exits always get the ink, [...]
CVCA audience crib notes
26 May 2010Dateline: Ottawa
Have you ever attended an industry conference and wanted to ask a pithy question, but didn’t for fear of a negative reaction from the panelists or audience regarding your “too true” question/statement? Fear no more. In the interests of arresting any further deterioration of Canada’s start-up and venture capital ecosystem, here are [...]
Bank loans stagnant for 6th straight month
26 May 2010According to data released by the Bank of Canada, commercial and corporate lending by Canadian Chartered banks appears to have gone to sleep for the past six months. The category is “Business loans to Canadian residents for business purposes”:
December 2008: $191.563 billion
January 2009: $185.679 billion
February: $183.759 billion
March: $184.089 billion
April: $181.811 billion
May: $180.191 billion
June: $177.865 [...]