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Monday, March 7, 2011

REFILE-TAKEOVERCHATTER-Canada private equity could see banner 2011

Canadian private equity is set for another strong year in 2011, driven by dealmaking in its midmarket and an improved fundraising climate, the head of the Canadian Venture Capital and Private Equity Association says. CVCA President Greg Smith told Reuters that large Canadian private equity players will again turn in a strong international performance. "I think we'll have growth in the midmarket arena in Canada, but we'll see some of the larger transactions happen on the global arena," Smith said in an interview in Toronto.