XPND Capital Receives $10M from Investissement Quebec for Second Fund

XPND CapitalCanadian private equity firm XPND Capital received a $10m participation from Investissement Quebec.

XPNDCROISSANCEFund, which has now raised $37m, aims to reach $70m by the end of 2015.

The fund follows the firm’s first fund – XPND1 – launched in 2012 and is dedicated to investing in growing Quebec-based businesses operating in high potential industries such as sustainable transportation, innovative industries, technologies, media and entertainment.



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