TORONTO, Oct. 15 /CNW/ - VentureLink LP, manager of the VentureLink Group
of labour-sponsored investment funds, is pleased to announce the appointment
of John Varghese, Managing Partner, as a Director of the Board for the CVCA -
Canada's Venture Capital & Private Equity Association.
As Managing Partner and one of the co-owners, Mr. Varghese is responsible
for the management and investment activities as well as actively leading the
marketing initiatives of the VentureLink Funds. Currently Mr. Varghese is an
observer or board member on numerous investee companies. Most recently, he was
Chairman of Ventus Energy Inc, Chairman of Orion Securities Inc. and Chairman
of MCCI Communications Inc.
Mr. Varghese is a member of University of Toronto's Business Board of
Directors. Mr. Varghese is a founding Board member of Bay Street Fore a Cau$e
Inc. a not-for-profit corporation that supports numerous charities focused on
children across the GTA.
Mr. Varghese's professional experience ranges from venture capital and
investment banking to senior management and board of director roles in various
industries. He has held COO and CFO positions at start-up organizations, as
well as senior management roles within multi-national corporations including
Royal Bank Capital Corporation, Midland Walwyn Capital Inc. (Merrill Lynch
Canada), Dell Computer Corporation and Jim Pattison Industries Ltd.
"I look forward to working with Rick Nathan and the rest of the CVCA
board during the term of this appointment," said Mr. Varghese. "It's an
exciting and challenging time for our industry and I look forward to assisting
in building on CVCA achievements as we move forward in the years to come"
With over $250 million under management, VentureLink Funds is a diverse
group of labour-sponsored funds ("LSIF"). The group was a pioneer in bringing
funds focused on mezzanine debt to the LSIF market, a conservative approach
that provides investors benefit from the security of debt positions along with
the growth potential of participating equity.
VentureLink Funds give investors access to well-diversified portfolios of
established companies operating in traditional industries such as financial,
manufacturing and service industries as well as dynamic industries like
The company maintains a strong relationship with CI Financial Inc., who
performs client services and client account administration for the Funds. For
more information, please visit: www.venturelinkfunds.com.
The CVCA - Canada's Venture Capital & Private Equity Association, was
founded in 1974 and is the association that represents Canada's venture
capital and private equity industry. Its over 1200 members are firms and
organizations which manage the majority of Canada's pools of capital
designated to be committed to venture capital and private equity investments.
The CVCA fosters professional development, networking, communication, research
and education within the venture capital and private equity sector and
represents the industry in public policy matters. Visit www.cvca.ca.
For further information:
For further information: John Varghese, Managing Director, VentureLink
LP, (416) 681-6371