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That's changing, and fast. In Canada, pensions and retirement funds are getting involved in the startup funding game - and that's up north where funding is dry
by bentlegen 15y ago
That's changing, and fast. In Canada, pensions and retirement funds are getting involved in the startup funding game - and that's up north where funding is dry to begin with. I'm sure the same is happening here.
Source: http://business.financialpost.com/2012/03/29/vancouvers-hootsuite-gets-20m-omers-ventures-push/ http://business.financialpost.com/2012/03/29/vancouvers-hoot...
"OMERS Ventures, a $180-million fund established by the Ontario Municipal Employees Retirement System last fall, said Thursday it has picked HootSuite Media Inc. as its first major funding recipient."
- swalberg 15y agoMany pension funds have had some sort of high risk component to their portfolio. http://www.cppib.ca/News_Room/News_Releases/nr_02031001.html http://www.cppib.ca/News_Room/News_Releases/nr_02031001.html talks about the CPP's, which has been going on since 2005. I'd suspect we're only starting to hear about it because it's getting into our space. Disclaimer - I work for one of OMERS other (earlier) investments. I guess we're just not "major" :P