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OSC approves transfer of illiquid private assets to sidecar limited partnership

The Ontario Securities Commission has approved a relief application permitting illiquid private assets to move from a terminating investment fund into a newly established sidecar limited partnership.

Ontario

By Nora Bennett Business & Data Published Written up 1 source 1 min read
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The Ontario Securities Commission has approved an application by LDIC Inc. and the Healthcare Special Opportunities Fund under paragraph 5.5(1)(b) of NI 81-102, according to a decision published Sept. 30.

The approval permits the transfer of illiquid private assets from a terminating investment fund to a newly established sidecar limited partnership. The decision was issued under National Policy 11-203, the process for exemptive relief applications in multiple jurisdictions.

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Evidence

This article was built from the following material. Times shown are when Polaris retrieved each item, not when it was published.

  1. Ontario Securities Commission - Orders, rulings and decisions LDIC Inc. and Healthcare Special Opportunities Fund Regulator Retrieved 2 Oct 2026, 06:45 UTC · published 30 Sep 2026

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