AGF Private Capital Inc. to Make Strategic Investment in Kensington Capital Partners Limited
TORONTO, Jan. 15, 2024 (GLOBE NEWSWIRE) --
- AGF Private Capital Inc. – AGF Management Limited’s (AGF) private markets business – has signed definitive agreements to acquire a majority interest in Kensington Capital Partners Limited (Kensington), one of Canada’s leading alternative investment firms, as part of AGF’s strategic imperative to grow its private markets business.
- Kensington employs a hybrid investment strategy across Fund of Funds, co-investments and direct investing, providing investors with well-diversified exposure to private markets.
- Kensington will retain its investment and operational independence as part of AGF and will receive significant strategic support from AGF as part of the relationship.
- “We are very excited to partner with Kensington as we further build out our diversified private markets business,” said Ash Lawrence, Head of AGF Private Capital.