Lios Partners, founded by former OMERS Private Equity executive Jonathan Blair, is targeting USD200 million for its debut buyout fund, Lios Partners I, according to a report by BuyoutInsider.
The hard-cap for the fund is USD300 million, but the report quotes sources as saying interest from limited partners means that the Toronto-based firm is expected to increase the fund’s size.
Lios is planning to focus on investments in the food sector, making control or significant minority investments, typically ranging from USD25 million to USD50 million, in mid-market food and agriculture companies operating throughout the value chain.
