Two funds created to support Québec companies’ international growth and business transfer projects

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Caisse de dépôt et placement du Québec announced the creation of Fonds Croissance CDPQ and Fonds Relève CDPQ, building on its existing offer available to Québec companies. These funds, totalling $500 million, will support companies seeking to grow through international expansion or having reached the business transfer stage. false false false Fonds Croissance CDPQThe Fonds Croissance CDPQ, totalling $250 million, will invest by increments of $10 to $100 million, using the financial vehicle best suited to the company’s situation. The Fund will target public and private companies meeting the following criteria:Annual revenues between $50 and $500 millionWell-established management teamSolid performance track recordClear international growth strategyWith the exception of real estate, all business sectors are eligible.Targeted growth projects include, for example, acquisitions that would allow a company to get closer to its existing and potential customers or attain a critical mass in its industry.Fonds Relève CDPQThe Fonds Relève CDPQ, totalling $250 million, will target business transfer projects, and invest between $10 and $100 million, primarily in the form of equity, in public and private companies meeting the following criteria:Annual revenues between $50 and $500 millionSolid performance track recordWell-defined transition planInvestment structure that allows la Caisse to be a long-term partner throughout the life of the companyWith the exception of real estate, all business sectors are eligible.This fund may finance, for example, a business transfer project, allowing its founder to monetize a portion of his property while supporting the successor – whether family-related or not – involved in the transition. La Caisse will propose tailored investment and support solutions to facilitate the transfer. false false false ABOUT CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC Caisse de dépôt et placement du Québec (CDPQ) is a long-term institutional investor that manages funds primarily for public and parapublic pension and insurance plans. As at June 30, 2016, it held $254.9 billion in net assets. As one of Canada's leading institutional fund managers, CDPQ invests globally in major financial markets, private equity, infrastructure and real estate. For more information, visit cdpq.com, follow us on Twitter @LaCDPQ or consult our Facebook or LinkedIn pages.