TORONTO, January 8, 2010 — Kensington Capital Partners Limited, Canada’s leading independent private equity fund investor, is pleased to announce the acquisition by the Kensington Global Private Equity Fund of two secondary positions in Trivest Fund IV, L.P. adding to its existing investment in that fund. The Kensington Global Private Equity Fund paid approximately US $200,000 in cash for the existing investments and assumed remaining uncalled commitments of approximately US$1,060,000. Trivest, based in Coral Gables, Florida, is a leading middle market private equity firm that focuses on acquiring well-run founder/family owned businesses located in the United States and Canada.
The Kensington Global Private Equity Fund offers individual investors a diversified portfolio of world-class private equity investments, including hard-to-access private equity funds and direct investments in private companies. Traditionally, investments in private equity have only been available to investors who could meet very high minimum investment thresholds. The Kensington Global Private Equity Fund was established to make these investment opportunities available to the broader investing public.
Kensington is Canada’s leading independent private equity fund investor, founded in 1996. To date, Kensington has received commitments of over $480 million for private equity investments through its fundof-funds and direct co-investment programs. Institutional investors such as pension funds and professional asset managers, as well as high net-worth individuals and retail investors, hold Kensington funds. Kensington has consistently achieved top-quartile financial returns for its investors. For more information on Kensington and current offerings, please visit www.kcpl.ca.
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