TORONTO, March 13, 2012 — Kensington Capital Advisors Inc. is pleased to announce a commitment of $3,000,000 by the Kensington Global Private Equity Fund to Whitecastle New Urban Fund II, L.P. The Whitecastle New Urban Fund II, L.P. is the second fund formed by the real estate arm of the Whitecastle group of companies. Committed to investing in the future of Canada’s urban communities, the Fund acquires properties with intensification potential where significant value can be created through changes in zoning restrictions. The Fund offers a disciplined investment approach that is supported by the expertise of the Fund managers, market fundamentals and policy trends.
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, founded in 1996 is a leading Canadian investor in alternative investments. Kensington is best known for its private equity investment programs, having committed over $550 million since 2002, and is also an active investor in infrastructure assets and hedge funds. 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.
Media requiring further information please contact:
416.362.9000 / email@example.com
Media & Investor Relations
416.362.7264 / firstname.lastname@example.org