Firms and Funds

Canadian private equity firm Fulcrum Capital Partners has initially closed its sixth flagship fund, targeted to raised more than C$300 million.

Axia Real Assets, a Canadian real estate and infrastructure investment firm, has raised C$50 million in the close of Axia U.S. Grocery Net Lease Fund I.

Harrison Street has held the first close of a new fund that will invest in senior living, student housing, medical office, life sciences, storage and digital assets in Canada.

KKR has launched Strategic Lease Partners, a new platform that will invest in triple-net lease real estate.

CenterSquare Investment Management and Arch Street Capital Advisors have formed a joint venture targeting investments in service properties in the U.S. Sunbelt region.

Brookfield Asset Management is in advanced talks to form a joint venture with Scion Group to acquire at least $1 billion in student-housing properties, Bloomberg reported.

Toronto-based CPS Capital has closed CPS Partners Fund with C$100 million in committed capital, ahead of a C$75 million target.

The investments will target those firms that have "substantial ownership and/or management by women and minorities, particularly those raising capital for first or second funds."

An affiliate of Brookfield Asset Management has distributed common shares of CWC Energy Services Corp, a Calgary-based contract drilling and well servicing business, to fund investors.

Canadian private equity firm Mosaic Capital Corp has closed the previously announced sale of itself to a vehicle controlled by Fairfax Financial Holdings and Mark Yusishen's MCC Holdings.