GrowthWorks Canadian Fund winds up sale and investor solicitation
Retail venture capital fund GrowthWorks Canadian Fund has been given extended creditor protection by the Ontario Superior Court of Justice, pursuant to the Companies' Creditors Arrangement Act, until April 10. The fund also completed its previously announced sale and investor solicitation process, though none of the proposals received were accepted. It is now in discussions with Roseway Capital, to which GrowthWorks Canadian Fund is obliged, to formulate an asset management and realization plan.
7 March 2014•4 mins read
