AI-focused financier Intrepid Growth Partners has raised US$525 million for its first fund, with most of its backing coming from foreign investors like Temasek, Abu Dhabi Investment Council and four other sovereign wealth funds.
Canadian banks pledge major lending commitments
Bank of Nova Scotia BNS.TO is committing over $100 billion to help Canadian businesses expand, ahead of Ottawa's investment summit, as the federal government races to reduce the country’s dependence on the United States.
Toronto-Dominion Bank TD.TO is committing $150 billion to fund Canadian companies in new lending, underwriting, advisory and other financing activities over five years, aiming to boost Canada's economy.