Vancouver-based Nicola Wealth Management Ltd. has launched the Nicola Venture Capital Limited Partnership, giving investors access to early-stage, growth-oriented private companies.
“Venture capital as an asset class has outperformed public equity assets (both large and small-cap) over the last 15 years with significantly less volatility and smaller corrections,” said Nicola Wealth CFO and head of private capital, Bijal Patel, in a release.
The fund managers will focus on long-term investments in earlier-stage companies with growing revenue as well as more developed companies seeking capital for new growth, the release said. Areas of interest include finance tech, health tech, education tech and renewable energy tech.
Nicola will work with experienced VC partners in Canada and the U.S. that have strong track records and access to investment opportunities.
This investment is intended for accredited investors.