TORONTO, December 2, 2010 — Kensington Capital Partners Limited, is pleased to announce an investment of $1,500,000 by the Kensington Global Private Equity Fund in D-Wave Systems Inc., based in Burnaby, British Columbia. D-Wave Systems Inc., is dedicated to developing and deploying the first commercial quantum computing system, making the vast power of quantum computation available to a broad base of researchers and practitioners.
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 a leading Canadian private equity investor, founded in 1996. To date, Kensington has committed over $500 million to private equity investments through its private equity programs. Institutional investors such as pension funds and professional asset managers, as well as high net-worth individuals and retail investors, hold Kensington funds. For more information on Kensington and current offerings, please visit www.kcpl.ca.
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