Power Sustainable Lios closed an initial C$210 million of aggregate capital commitments for Lios Fund I, its inaugural agri-food private equity fund that will invest in mid-market companies operating across the food value chain in North America, partnering with owners and operators to accelerate growth.
The fund targets total capital commitments of C$300 million.
Several investors have supported this fund, including Fondaction, le Fonds de développement de la Confédération des syndicats nationaux pour la coopération et l’emploi, an investment fund for positive transformation, to make Quebec's economy more equitable, inclusive, green & successful.
A Fasken team composed of Anabel Quessy and Victor Bac advised Fondaction, le Fonds de développement de la Confédération des syndicats nationaux pour la coopération et l’emploi in connection with this investment in Lios Fund I LP.
Jurisdiction
- Québec
