Pavilion Financial, a Winnipeg-based global investment company, has acquired LP Capital Advisors.
After being frozen out for 13 months, shareholders of GrowthWorks Canadian Fund might finally get some money back.
Jory Capital, easily the most controversial firm in Manitoba’s financial services sector, has had its registration revoked and its CEO is moving on.
After dipping his toe into the institutional advisory business, Marty Weinberg is now all in.
Unitholders have okayed GrowthWorks Canadian Fund’s redemption management plan (RMP). But the Toronto-based fund is still waiting to see if regulators will follow suit.
Unable to finalize a plan for the GrowthWorks Canadian Fund, which stopped payments to investors last fall amid a cash crunch, regulators have extended the freeze until July 31, 2012.
After building up its assets under management to $1.6 billion over two decades from its home office in Winnipeg, the brain trust at Cardinal Capital Management decided it was time to expand.
Grant Skinner, president and CEO of the Winnipeg-based wealth management firm, has bought out National Bank’s 50% stake in his company, less than a year after the bank acquired it.
Thousands of clients have recently had their investments in the Vancouver-based GrowthWorks Canadian Fund frozen as it attempts to avoid a crippling wave of redemptions.
Great-West Lifeco is preparing to lift a nearly three-year-old suspension on transfers, redemptions and withdrawals on the $3-billion real estate fund it shares with Canada Life. The move will take place on Oct. 17 and comes nearly seven months after it lifted a similar suspension on its London Life Real Estate Fund. Alf Goodall, senior […]