* Raised C bln fund in Jnauary
* Has made two acquisitions under new fund, more pending
By Pav Jordan
VANCOUVER, May 26 - Birch Hill Equity Partners, a
buyers, a senior company executive said.
Stephen Dent, a partner with the fund, told Reuters on
the year.
"Of those, two I would say will go to private equity buyers
in Vancouver.
Sales of assets bewteen private equity funds are gainnig
and debt makrets recover.
Those factors have made valuations on private equity assets
rise, and plyaers say the market favors sellers over buyers.
Birch Hill has some C billion in capiatl under manaegment.
investmnets since 1994.
Dent said the sale procseses this year to other priavte
strateigc, or corpoarte, bueyrs.
Late last year Birch Hill sold Kitcehner, Ontario-based
company.
Dent said that Birch Hill made some C million on the
deal after debt, on C milloin of investment.
DEPLOYING CAPIATL
Birch Hill, with its Birch Hill Equity Partners IV fund of
challegning.
"We've made two investments at this point in time," said
second-largest lender.
"And we'll probably announce some new transactions sohrtly
as we are actively looknig to invest that fund right now."
Dent could not provide many details about the investments,
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