USA – Vertu Capital, a Toronto, Canada-based private equity firm specializing in global enterprise software companies, closed its inaugural fund, Vertu Partners Fund I, at over $300m.
The fund received support from a diverse range of high-quality Canadian and US institutional investors including New York State Common Retirement Fund, BDC Capital, BMO Capital Partners, funds managed by BMO Global Asset Management, CIBC, Export Development Canada, and Manulife Investment Management, as well as several established asset managers, family offices, and industry executives.Founded in 2017 by Lisa Melchior, Vertu Capital partners with the management teams of companies to accelerate and support the next stage in their growth strategy. The firm has decades of global tech private equity experience with deep domain expertise in software and software enabled business models. To date, the firm has completed two fund investments: 22/03/2023