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Montreal-based Power Corp. raises $210-million for agri-food investing amid inflation concerns

Montreal-basedPower Corporation of Canada announced the initial closing of $210 million in capital commitments for its agri-food private equity fund, Lios Fund I. This fund aims to invest in mid-market companies across North America's food value chain, focusing on sustainable practices to address issues like inflation and food security. The initial investors include The Canada Life Assurance Company, Farm Credit Canada, Export Development Canada, Fonds de solidarité FTQ, BMO Capital Partners, and CIBC.

Company

Power Corp

Law Firm / Organization
Power Corp

Company

Canada Life Assurance Company

Law Firm / Organization
Canada Life Assurance Company
Financing/Investment
Agriculture
$ 210,000,000
Closed
15 June 2022