SaskWorks Venture Fund fully subscribed with $40 mln raise

SaskWorks Venture Fund, a retail venture capital fund managed by Regina, Sask.-based PFM Capital, has raised a total of $40 million in its latest fund-raising year, reaching its allotted subscription limit. Tax-assisted subscriptions are available under federal and provincial legislation to individual residents of Saskatchewan. SaskWorks Venture Fund invests in small and medium-sized private companies. It currently has over 27,000 shareholders and has approved for investment $310 million in 96 companies, according to the fund.

30 January 2014•2 mins read
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