VentureLink Surpasses $250 Million in Assets

    TORONTO, April 23 /CNW/ - VentureLink LP is pleased to announce that on
the strength of a successful 2006/2007 RSP sales season, the company surpassed
the $250 million mark in assets under management.
    VentureLink posted sales over the year ending March 31, 2007 in excess of
$31 million, an increase of more than 80% over the previous year.
VentureLink's share of Ontario's labour-sponsored investment fund (LSIF)
market more than doubled, with its sales representing 21.5% of the industry
    Over $180 million in assets are in the two funds focused on conservative
mezzanine debt financings to small and medium-sized companies: the VentureLink
Diversified Income Fund Inc. and the VentureLink Financial Services Innovation
Fund Inc. VentureLink was the first to launch mezzanine debt funds in the LSIF
space and continues to have the most under management in debt-focused
    "We are excited about the potential of continuing to grow our asset base
in the years ahead," said John Varghese, Managing Director of VentureLink LP.
"VentureLink has two of the best-performing LSIFs in the industry today.
Combining our performance with an enhanced sales and service team will allow
us to reach this goal."

    About VentureLink

    With over $250 million under management, VentureLink Funds is a diverse
group of labour-sponsored funds (LSIFs). The group was a pioneer in bringing
funds focused on mezzanine debt to the LSIF market, a conservative approach
that provides investors with 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
alternative energy.
    The company maintains a strong relationship with CI Financial Income
Fund, which performs client services and client account administration for the
funds. For more information, please visit

For further information:

For further information: John Varghese, Managing Director, VentureLink
LP, (416) 681-6371

Organization Profile


More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890