Artemis Offers Canadian Investors P.E. FoFs

Date: Friday, June 22, 2007
Author: FINalternatives.com

Toronto-based Artemis Investment has launched the Elite Private Equity, a fund of funds giving Canadian investors access to U.S.-based p.e. funds managed by some of the world's largest firms. The new offering is expected to close on or about July 16.

The Elite fund will invest in a portfolio of heavyweight buyout funds, including those managed by the Carlyle Group, The Blackstone Group, Thomas H. Lee Partners and Clayton, Dubilier & Rice.
 
"Our new Elite Private Equity L.P. provides Canadian high net worth individuals with access, for the first time, to some of the pre-eminent U.S. private equity funds and a superb opportunity to diversify their investment portfolio," said Trevor Maunder, partner.

Artemis Investment is an affiliate of Peerage Capital, single-manager p.e. firm.