Vanedge Capital Holds First Close at over $100M
Summary
Vancouver (BC), Canada-based Vanedge Capital has held an initial close of its maiden, with over $100m in committed capital.Limited partners include Teralys Capital, BC Renaissance Capital Fund, BDC Venture Capital, Nicola Wealth Management Ltd., as well as additional institutional investors and a group of individual investors.Vanedge Capital, which will invest in companies “that can build long-term value by creating compelling interactive consumer digital experiences”, plans to invest throughout North America, with a primary focus within Canada.The fund management team, with decades of world-class operating experience relationships in the digital media sector, includes Paul Lee (Managing General Partner), Glenn Entis (General Partner), Divesh Sisodraker, and Jason Chein.The fund management team, with decades of world-class operating experience relationships in the digital media sector, includes Paul Lee (Managing General Partner), Glenn Entis (General Partner), Divesh Sisodraker, and Jason Chein.