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Ridgewood Canadian Investment Grade Bond Fund to raise C$15 million
By Angela McDaniels
Tacoma, Wash., Jan. 29 – Ridgewood Canadian Investment Grade Bond Fund will raise funds to further its investment objectives, according to a news release from Ridgewood Capital Asset Management Inc.
The fund will sell 1,028,700 units for C$14.66 each for a total of C$15 million.
TD Securities Inc. is the agent for the best-efforts private placement, which is expected to close Wednesday.
Ridgewood Capital Asset Management is a Toronto-based investment manager.
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