For investors, the Fund provides a simple way to access Canadian private equity through a diversified, professionally-managed portfolio with liquidity through public ownership.
For entrepreneurs who’ve built successful businesses and want to keep growing, the Fund is a long-term equity partner that provides liquidity and growth capital. Entrepreneurs maintain operational control and a retained interest in the business.
From inception in 2004, the Fund has become an important funding source for entrepreneurial Canada. It has invested approximately $670 million in successful private businesses and exceeded its target return objectives.
Newport Partners’ principals are the founding investors of the Fund and remain significant unitholders.
The Fund trades on the Toronto Stock Exchange (TSX) under the symbol NPF.UN.