Kensington Capital Partners Limited has announced the acquisition of a secondary position in Novacap II, L.P., a diversified private equity portfolio originally formed in 2000. The Novacap II portfolio consists of 14 companies in a variety of industries, at various stages of development.

The Kensington Global Private Equity Fund announced investments in four international private equity funds on June 20, 2007, as well as commitments to three Canadian private equity funds on July 6, 2007, and continues to review other opportunities for investment.