Roseway becomes investment adviser to GrowthWorks Canadian Fund
Retail venture capital fund GrowthWorks Canadian Fund has entered into an a court-approved investment adviser agreement with Roseway Capital. Under the agreement's terms, Roseway will act as adviser and make investment and divestment decisions regarding the fund's portfolio. The GrowthWorks fund will pursue an orderly disposition of its assets with a view to satisfying its payment obligations to Roseway and unsecured creditors. Total indebtedness owing to Roseway is approximately $18.9 million.
15 May 2014•4 mins read
