Investment Approach

Alberta Enterprise invests in venture capital funds with Alberta-based fund managers who make investments in Alberta and abroad.

The institutional VC funds we invest in target a range of technology sectors, and focus on various stages of investment from seed funding to expansion financing. As a limited partner, we invest in funds where the majority of capital comes from other private and public investors. The amount we invest in a specific fund depends on the overall fund size, the sector, the investment stage and the fund’s level of commitment to Alberta. Our peers in the private equity industry are pension funds, endowments, private family funds, sovereign wealth funds and strategic corporate funds.

In terms of structure, the funds we invest in are generally closed, private equity limited partnerships that invest in a portfolio of high-growth technology start-up companies. It is the VC fund managers that choose the companies in which to invest.

Alberta Enterprise invests on standard venture capital industry terms and conditions, and requires funds to have an Alberta office and a local investment professional. In addition, we target fund managers with partners and networks extending well beyond Alberta.

We follow best-practice processes for managing due diligence and monitoring fund performance.

If you are an investment fund and want more details on our investment criteria, process or the submission materials we require, click here.