Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.

Firms / Novacap Management Inc.

Novacap Management Inc.

Private equity with venture activity · probableBrossard, Quebecnovacap.caSEC registered investment adviser

At Novacap, we've been a trusted partner for ambitious entrepreneurs since 1981. With over 40 years of experience, we specialize in mid-market buyouts and have a proven track record of driving growth and creating long-term value for our portfolio companies.

registered adviser; venture funds are 0% of 21 private funds

Importance
55
elevated
Active deployment
29
moderate
Emerging
0
low
Completeness
69
high
Freshness
100
high
Research priority
16
moderate
Identity and regulatory footprint
Headquarters
Brossard, Quebec, Canadaadviserinfo.sec.gov
Office address
3400 RUE DE L'ECLIPSE, SUITE 700, Brossard, Quebec, J4Z 0P3adviserinfo.sec.gov
Business phone
1-450-651-5000adviserinfo.sec.gov
SEC adviser type
registered investment adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Jul 11, 2024
Private funds reported
21 (0 venture capital funds)adviserinfo.sec.gov
Private fund gross assets
$2.5Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$7.4Bthe adviser's RAUM, a regulatory measure, never a fund size
Employees
84
Owners on Schedule A
Novacap Fund Management Inc. (Shareholder Of Novacap Management Inc.), E
business phone
1-450-651-5000adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
1 observed deals
Stated (the firm’s website)
Sectors
healthcare, climate, space, logistics, industrial
Stages
not stated or not yet read
Geography
canada, global, new england, new york, usa, worldwide
Check size
not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 100%
lead rate n/afollow-on rate n/anew logos, 12 months 1
Funds and vehicles
15 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Novacap Di Co-Investment (all West), L.P.SPV or co-invest vehicle · ADV: Private Equity Fund2023 adv first reportedActive deployment$44.3M
Jul 11, 2024
4$0Apr 22, 2024
Novacap Tmt International Syntax Continuation Vehicle, L.P.Continuation vehicle · ADV: Private Equity Fund2022 adv first reportedActive deployment$340M
Jul 11, 2024
28unknownunknown
Novacap Industries International Master Continuation Vehicle, L.P.Continuation vehicle · ADV: Private Equity Fund2022 adv first reportedActive deployment$270M
Jul 11, 2024
22unknownunknown
Novacap International Digital Infrastructure I, L.P.Fund · ADV: Private Equity Fund2022 form d first saleActive deployment$76.1M
Jul 11, 2024
20$103MAug 13, 2024
Novacap Tmt V Co-Investment (saturn), L.P.SPV or co-invest vehicle · ADV: Private Equity Fund2022 adv first reportedActive deployment$48.8M
Jul 11, 2024
6unknownunknown
Novacap Tmt Co-Investment (ndt-E), L.P.SPV or co-invest vehicle · ADV: Private Equity Fund2021 adv first reportedMature$165M
Mar 27, 2024
13unknownunknown
Novacap Tmt Co-Investment (logibec), L.P.SPV or co-invest vehicle · ADV: Private Equity Fund2021 adv first reportedMature$56.7M
Jul 11, 2024
19unknownunknown
Novacap International Tmt VI, L.P.Fund · ADV: Private Equity Fund2020 form d first saleMature$463M
Jul 11, 2024
46$265M
of $265M
Dec 21, 2020
Novacap International Tmt Vi-A, L.P.Feeder or parallel · ADV: Private Equity Fund2020 form d first saleMature$306M
Jul 11, 2024
44$50.0M
of $155M
Dec 21, 2020
Novacap Tmt V Co-Investment (nuvei), L.P.SPV or co-invest vehicle · ADV: Private Equity Fund2020 adv first reportedMature$265M
Jul 11, 2024
19unknownunknown
Novacap International Industries V, L.P.Fund · ADV: Private Equity Fund2020 adv first reportedMature$111M
Jul 11, 2024
29$0Dec 21, 2018
Novacap International Tmt V, L.P.Fund · ADV: Private Equity FundunknownUnknown$329M
Jul 11, 2024
25unknownunknown
Novacap International Tmt IV, L.P.Fund · ADV: Private Equity FundunknownUnknown$30.3M
Jul 11, 2024
10unknownunknown
Novacap International Industries IV, L.P.Fund · ADV: Private Equity FundunknownUnknown$7.6M
Jul 11, 2024
10unknownunknown
PV Kerv LPFundunknownUnknownunknownunknown$0Nov 1, 2024
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
110 current, 5 departed
Gordon Hargraves
Senior Managing Director, Investor Relations and Strategy
Investor relations
Derek Mackay
Executive Vice President, Finance
Platform and operations
Josiane Turcotte
Managing Director, Legal Affairs and Compliance
Platform and operations
Julie Trudel
Chief People and Culture Officer
Platform and operations
Maryse Ishak
Senior Manager, Fund Accounting
Platform and operations
Monika Szuba
Financial Controller, Fund Operations
Platform and operations
Francis Levesque
Director, Information Technologies & Cybersecurity
Principal
5 departed (kept with end dates)
Investments on record
1 edges, 1 companies, 0 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Investisseursportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Venture organization websites (about, team, portfolio, thesis, news pages)
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
0 relationships from shared deals, counted for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
21 dated events
  1. Feb 7, 2024
    Bruno-Étienne Nmn Duguay (Chief Legal Officer And Chief Compliance Officer) no longer on Schedule A of Novacap Management Inc.
  2. Jan 1, 2024
    Josiane (nmn) Turcotte joined Schedule A of Novacap Management Inc. as Chief Compliance Officer
  3. Mar 31, 2023
    Novacap International Digital Infrastructure I, L.P. first reported on Form ADV by Novacap (Private Equity Fund), GAV $192,780,000
  4. Mar 31, 2023
    Novacap Di Co-Investment (all West), L.P. first reported on Form ADV by Novacap (Private Equity Fund), GAV $55,000,000
  5. Mar 31, 2022
    Novacap Industries International Master Continuation Vehicle, L.P. first reported on Form ADV by Novacap (Private Equity Fund), GAV $206,453,403
  6. Mar 31, 2022
    Novacap Tmt V Co-Investment (saturn), L.P. first reported on Form ADV by Novacap (Private Equity Fund), GAV $41,985,758
  7. Mar 31, 2022
    Novacap Tmt International Syntax Continuation Vehicle, L.P. first reported on Form ADV by Novacap (Private Equity Fund), GAV $411,099,629
  8. Mar 30, 2021
    Novacap Tmt Co-Investment (ndt-E), L.P. first reported on Form ADV by Novacap (Private Equity Fund), GAV $84,135,620
  9. Mar 30, 2021
    Novacap International Tmt VI, L.P. first reported on Form ADV by Novacap (Private Equity Fund), GAV $708,770,000
  10. Mar 30, 2021
    Novacap International Tmt Vi-A, L.P. first reported on Form ADV by Novacap (Private Equity Fund), GAV $273,430,000
  11. Mar 30, 2021
    Novacap Tmt Co-Investment (logibec), L.P. first reported on Form ADV by Novacap (Private Equity Fund), GAV $48,556,538
  12. Mar 30, 2020
    Novacap Tmt V Co-Investment (nuvei), L.P. first reported on Form ADV by Novacap (Private Equity Fund), GAV $140,073,003
  13. Mar 30, 2020
    Novacap International Industries V, L.P. first reported on Form ADV by Novacap (Private Equity Fund), GAV $190,199,543
  14. Mar 23, 2018
    Stéphane Tremblay (Director) no longer on Schedule A of Novacap
  15. Mar 23, 2018
    Marc Beauchamp (Director) no longer on Schedule A of Novacap
  16. Mar 23, 2018
    Domenico Mancini (Director) no longer on Schedule A of Novacap
  17. Mar 23, 2018
    Michel Côté (Director) no longer on Schedule A of Novacap
  18. Sep 15, 2017
    Novacap first filed Form ADV (ERA)
  19. Sep 15, 2017
    Novacap International Tmt V, L.P. first reported on Form ADV by Novacap (Private Equity Fund)
  20. Sep 15, 2017
    Novacap International Tmt IV, L.P. first reported on Form ADV by Novacap (Private Equity Fund), GAV $35,658,770
  21. Sep 15, 2017
    Novacap International Industries IV, L.P. first reported on Form ADV by Novacap (Private Equity Fund), GAV $4,618,272
Classification history
  1. Sep 12, 2026
    Private equity with venture activity (probable, 75%, cls-1)
    registered adviser; venture funds are 0% of 21 private funds
Evidence
44 observations from 2 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC adviser typeregistered_investment_adviserJul 11, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
First Form ADV filing2017-09-15Jul 11, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Adv history loadedadv-hist-1Sep 12, 2026FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Latest Form ADV filing2024-07-11Jul 11, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Venture share of reported funds0Jul 11, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Business phone1-450-651-5000Jul 11, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Contact page urlhttps://novacapcorp.com/contact/
contact page linked from the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
DescriptionAt Novacap, we've been a trusted partner for ambitious entrepreneurs since 1981. With over 40 years of experience, we specialize in mid-market buyouts and have a proven track record of driving growth and creating long-term value for our portfolio companies.
meta description
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
DescriptionAt Novacap, we've been a trusted partner for ambitious entrepreneurs since 1981. With over 40 years of experience, we specialize in mid-market buyouts and have a proven track record of driving growth and creating long-term value for our portfolio companies.
meta description
Sep 13, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Employees84Jul 11, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
HeadquartersBrossard, Quebec, CanadaJul 11, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Office address3400 RUE DE L'ECLIPSE, SUITE 700, Brossard, Quebec, J4Z 0P3Jul 11, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Portfolio pagehttps://novacapcorp.com/portfolio/
1 entries read
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Portfolio pagehttps://novacapcorp.com/portfolio/
1 entries read
Sep 13, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Private funds reported21Jul 11, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Private fund gross assets (reported)$2.5BJul 11, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Regulatory AUM (adviser, not fund size)$7.4BJul 11, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Stated geographycanada,global,new england,new york,usa,worldwide
geography words on the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated geographycanada,global,new england,new york,usa,worldwide
geography words on the home page
Sep 13, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorshealthcare,climate,space,logistics,industrial
sector words on the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorshealthcare,climate,space,logistics,industrial
sector words on the home page
Sep 13, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Team pagehttps://novacapcorp.com/people/
106 name/title pairs read
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Team pagehttps://novacapcorp.com/people/
97 name/title pairs read
Sep 13, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Venture funds reported0Jul 11, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
WebsiteHTTP://WWW.NOVACAP.CAJul 11, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Website resolved domainnovacapcorp.com
https://novacap.ca/ redirected to https://novacapcorp.com/
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Website resolved domainnovacapcorp.com
https://novacap.ca/ redirected to https://novacapcorp.com/
Sep 14, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleNovacap - Home
title tag
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleNovacap - Home
title tag
Sep 13, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)