Announced
Completed
Synopsis
Kensington, a Canadian alternative asset management firm, completed the acquisition of venture capital investment business from ONE9, a venture capital firm. Financial terms were not disclosed. “Working alongside Glenn and his team for the past several years has led to a strong and successful collaboration, and increased our focus on the National Security sector. We see an exciting opportunity to launch an entirely new investment platform for Kensington in this sector, which has been growing dramatically and has led to real successes in our portfolio. The addition of Glenn and other key members of ONE9 to Kensington’s investment team will enable us to capitalize on these trends and bring new opportunities for value creation for our investors,” Rick Nathan, Kensington Senior Managing Director.
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