WATERLOO — A $200-million venture capital fund focused on Waterloo Region startups will be officially unveiled soon by two well-known players in the technology sector.
Tim Ellis, outgoing chief executive officer of the Accelerator Centre in Waterloo, has partnered with Michael Wekerle, a colourful Bay Street financier who formerly was the senior trader at GMP Securities. GMP is the firm that helped take Research In Motion, now BlackBerry, public in 1997. About a year ago Wekerle started an investment bank called Difference Capital.
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