Venture Capital in Canada – Canadian Venture Capital Association (CVCA)

The CVCA – Canada’s Venture Capital & Private Equity Association – represents the majority of private equity companies in Canada, with over 1100 members. CVCA members have over $50 billion in capital under management, in three distinct market segments: Buyout is characterized chiefly by risk investment in established private or publicly listed firms that are undergoing a fundamental change in operations or strategy. Buyout funds are often called such, even if their mandates are not exclusively buy out related; Mezzanine is characterized chiefly by use of Subordinated Debt, or preferred stock with an equity kicker, to invest largely in the same type of companies and deals as buyout funds; Venture Capital is characterized generally by investment in early stage companies, mostly in technology businesses. © Canadian Venture Capital Association