Private equity firm Tricor Pacific Capital has reportedly raised C$318m ($300m) for its latest buyout fund.
The news was reported by Dow Jones, which also said that the firm has made a return of three times from the sale of peanut butter, nuts and dry goods producer Golden Boy Foods to Post Holdings, citing a person familiar with the firm.
The Vancouver-headquartered firm is currently investing from its C$555m fourth fund. It has invested nearly C$1bn since its launch in 1996.
Tricor targets lower mid-market companies with an enterprise value of between $25m and $150m.
In September it was reported that another Canadian private equity firm, Ironbridge Equity Partners, planned to close its second fund on its C$125m target before the end of the year after picking up C$50m.
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