{"id":64066,"date":"2015-08-17T11:08:00","date_gmt":"2015-08-17T07:08:00","guid":{"rendered":"http:\/\/localhost\/?p=64066"},"modified":"2015-08-18T06:08:31","modified_gmt":"2015-08-18T02:08:31","slug":"omers-ventures-fund-ii-closes-at-260-million","status":"publish","type":"magazine","link":"https:\/\/brainstation.io\/magazine\/omers-ventures-fund-ii-closes-at-260-million","title":{"rendered":"OMERS Ventures Fund II Closes at $260 Million"},"content":{"rendered":"

\"\"OMERS Ventures today announced the successful closing of Fund II, its second venture capital fund, with $260 million in commitments.<\/p>\n

<\/p>\n

The OMERS pension plan participated alongside co-investors BMO Financial Group and Cisco Investments in the fund.<\/p>\n

“We are proud to be working with BMO and Cisco Investments, our valued co-investors in Fund II,” said John Ruffolo, CEO of OMERS Ventures. “The closing of the fund is a positive signal for Canada’s tech sector, and shows the strong interest of private capital in partnering with innovative technology entrepreneurs.”<\/p>\n

“We believe our investment in OMERS Ventures will foster further innovation, entrepreneurship and digitization, and help Canada capitalize on new areas of opportunity,” said Bernadette Wightman, President of Cisco Canada.<\/p>\n

SEE ALSO: OMERS VC Gives Advice to Entrepreneurs<\/a><\/strong><\/p>\n

“This fund comes at a great time of burgeoning interest in the Canadian technology sector,” said David Wismer, Managing Director, BMO Capital Markets.<\/p>\n

“Fund II builds on the momentum of our Fund I, and the two together represent one of the largest long-term private capital pools active in Canada’s venture sector,” Ruffolo added.<\/p>\n","protected":false},"excerpt":{"rendered":"

OMERS Ventures today announced the successful closing of Fund II, its second venture capital fund, with $260 million in commitments. The OMERS pension plan participated alongside co-investors BMO Financial Group and Cisco Investments in the fund. “We are proud to be working with BMO and Cisco Investments, our valued co-investors in Fund II,” said John Ruffolo, […]<\/p>\n","protected":false},"author":55555,"featured_media":64068,"menu_order":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"magazine-region":[],"magazine-series":[],"magazine-topic":[],"class_list":["post-64066","magazine","type-magazine","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine\/64066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine"}],"about":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/types\/magazine"}],"author":[{"embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/users\/55555"}],"version-history":[{"count":0,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine\/64066\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/media\/64068"}],"wp:attachment":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/media?parent=64066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/categories?post=64066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/tags?post=64066"},{"taxonomy":"magazine-region","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-region?post=64066"},{"taxonomy":"magazine-series","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-series?post=64066"},{"taxonomy":"magazine-topic","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-topic?post=64066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}