GrowthWorks Canadian Fund's former manager contests termination
GrowthWorks Canadian Fund has received a letter from legal counsel to GrowthWorks WV Management Ltd, the former manager of the retail venture capital fund, concerning the termination of the management agreement, which was announced in September. The fund's former manager asserts that the termination was without cause, and that it is entitled to damages. GrowthWorks Canadian Fund was recently provided legal authorization to pursue a sale and investor solicitation process.
3 December 2013•3 mins read
