TORONTO, Jan. 13 /CNW/ - The Ontario Venture Capital Fund (OVCF) today announced that it has made a commitment to Blackberry Partners Fund II, a leading independent venture capital firm focused exclusively on mobile internet investing. The Blackberry Partners Fund (Blackberry Partners), a Toronto-based firm, ranks among Canada's most active technology investors.
"We are pleased to have made a lead commitment to one of Canada and Ontario's most promising venture capital funds," said Melissa McJannet, Managing Director of Northleaf Capital Partners, the manager of OVCF. "The investment in Blackberry Partners is reflective of OVCF's strategy to invest in best-in-class Ontario-based and Ontario-focused venture capital and growth equity funds. Blackberry Partners has served as a local champion in the Ontario market and we believe its differentiated investment strategy positions the manager to succeed not only in the Canadian market, but on a global basis."
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