(February 11 – 11:50 ET) – Montréal-based Services Financiers CDPQ, a subsidiary of the Caisse de dépôt et placement du Québec, has invested in Coventree Capital Group Inc., a Toronto-based financial services company specializing in securitization-based funding.
Coventree Capital Group Inc. is an independent financial intermediary that focuses on securitization-based funding and structured finance. Coventree provides structuring expertise and funding to customers that originate financial assets, and innovative investment products to its funding partners.
Coventree focuses on new asset classes, small to medium-sized transactions, and customers that prefer to deal with independant financial advisers.
“We believe there is an excellent opportunity to develop the securitization industry in Canada,” said Serge Rémillard, President of Services Financiers CDPQ. “We will be working with Coventree to establish this financial sector in Quebec and beyond, including our initial project to create a securitization-based funding program for mutual fund management companies.”
-IE Staff