The Toronto-based alternative asset manager raised the amount for its sixth private equity portfolio finance fund and largest one yet, including US$700 million for related co-investments, surpassing its initial US$6 billion target. 

(The Logic)

Talking point: The company’s assets under management have exceeded $25 billion since its founding. The raise marks a major development for Canada’s private equity market, where 80 per cent of deals in early 2025 were valued under $25 million. This signals growing investor appetite for flexible private market financing, particularly in a slower exit environment. Dawson, which rebranded from Whitehorse Liquidity Partners last year, launched the fund in January 2023. Its investor base includes over 100 investors across 17 countries and four continents, with support from Brookfield-backed Pinegrove Capital, among others.