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Sep 30, 2013
 |  BioCentury  |  Finance

Broader minded in Canada

New Canadian fund to broaden BDC Venture Capital's exposure in healthcare
Broader minded in Canada

With C$135 million ($131 million) for its second healthcare fund, the venture arm of the Business Development Bank of Canada is hoping to achieve top quartile returns so that when BDC Venture Capital raises its next fund, it will be able to entice investors other than the Canadian government, which is currently its sole shareholder.

BDC Venture Capital has about C$1 billion ($970.7 million) under management and invests in Canadian IT, healthcare and energy/clean...

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