On August 9, 2019, Centric Health Corporation ("Centric") and Clearpoint Health Network Inc. ("Clearpoint"), an affiliate of Kensington Private Equity Fund, entered into a definitive share purchase agreement, pursuant to which Clearpoint agreed to acquire the surgical division of Centric (the "Transaction"). The Transaction closed on November 26, 2019. Clearpoint, a wholly-owned subsidiary of Kensington Capital Advisors Inc. ("Kensington"), is now the largest network of independent surgical centres in Canada with a presence in Toronto, Mississauga, Winnipeg, Calgary and Vancouver. Kensington is a leading independent Canadian investor in alternative assets. Founded in 1996, and with over $1.5 billion invested in private equity, venture capital, and alternative assets. Kensington's active management approach and relationship-based business has generated top quartile returns for investors. Bennett Jones LLP acted as counsel to Kensington.