McCarthy Tétrault advised Power Sustainable Lios Inc. in connection with the formation of Lios Fund I LP and the negotiation with Lios Fund I LP’s major investors The Canada Life Assurance Company, Farm Credit Canada, Export Development Canada, Fonds de solidarité des travailleurs du Québec (F.T.Q.), BMO Capital Partners and CIBC, as well as other investors.
On June 15, 2022, Power Sustainable Lios Inc., as manager, announced the initial closing of Lios Fund I LP, an agri-food private equity fund, that will invest in mid-market companies operating across the food value chain in North America, partnering with owners and operators to accelerate growth. Lios Fund I LP has closed an initial C$210 million of aggregate capital commitments and is expected to close C$300 million in total capital commitments in the third quarter of 2022.
Lios Fund I LP is the latest investment platform of Power Sustainable, a global multi-platform alternative asset manager investing in sustainable strategies.
Power Sustainable Lios, latest investment platform of Power Sustainable, is a specialized agri-food private equity investment platform, supporting the sustainability transformation occurring within our food system.
Power Sustainable is a global sustainable investment manager with offices in Canada, China, and the United States.
The McCarthy Tétrault team was led by Mathieu Laflamme (Picture) and included Alexandre Saulnier-Marceau, Jamie Becker, Isabelle Chouinard and Ahmed Kisserli (Private Equity), Sonia Struthers (Securities), Fred Purkey, Randy Schwartz, Christian Meighen, Marie-Soleil Landry, Jesse Waslowski and Julien Leblanc (Tax).
Involved fees earner: Jamie Becker – McCarthy Tétrault; Isabelle Chouinard – McCarthy Tétrault; Ahmed Kisserl – McCarthy Tétrault; Mathieu Laflamme – McCarthy Tétrault; Marie-Soleil Landry – McCarthy Tétrault; Julien Leblanc – McCarthy Tétrault; Christian Meighen – McCarthy Tétrault; Fred Purkey – McCarthy Tétrault; Alexandre Saulnier-Marceau – McCarthy Tétrault; Randy Schwartz – McCarthy Tétrault; Sonia Struthers – McCarthy Tétrault; Jesse Waslowski – McCarthy Tétrault;
Law Firms: McCarthy Tétrault;
Clients: Power Sustainable Lios ;