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The Investment Funds Act 2006 (IFA) has been amended by the
Investment Funds Amendment Act 2021 (Amendment Act 2021), which
became operative on 27 January 2021 (Operative Date).
The Amendment Act 2021 introduces, amongst other things,
requirements for registered funds to ensure consistency across the
different classes of funds. Notably there are: provisions targeted
at Private Funds; a requirement to appoint a local registrar for
registered funds; amendments to filing requirements for all
registered funds and overseas funds; and a widening of the
definition of company fund to include incorporated
The year 2020 was one that will not be soon forgotten, even though many of us may wish to forget! There were many interesting issues and bright spots involving R&D, innovation and IP.
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The subscription credit and fund finance markets have remained
relatively robust over the course of 2020, though the COVID-19
pandemic has presented certain challenges for market participants.
Growth in this area over the past few years was driven in part by
expansion of the product into a broader range of fund types,
increasing take-up by fund sponsors who had not traditionally used
the product in their fund families, record levels of fundraising
and an increasing number of net asset value (
NAV)
facility closings.
Overview
While certain banks have continued to increase their book of
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Imagine successfully building your own brand, taking over half
a decade to accomplish. This will include much more than just a
marketable logo or a well-placed advertisement. Acquiring clients
whilst building trust between the services you provide and your
customers, will be hard work. All this will be of paramount
importance to the brand name and requires substantial capital, a
significant period of time, high level of skill and diligence, but
above all achieving to effectively stand out from the crowd and
differentiate your brand from the competition in the market. It is,
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On January 20, 2021, Above Food Corp. ( Above Food )
announced the closing of its brokered and non-brokered private
placement of units for aggregate gross proceeds of $40,233,312.
Gravitas Securities Inc. acted as lead agent and sole bookrunner
together with a syndicate of agents including Haywood Securities
Inc., Canaccord Genuity Corp. and Cormark Securities Inc. in
connection with the brokered private placement.
Above Food s wholly owned subsidiaries, Above Food Inc. and
Purely Canada Food Corp, are vertically integrated, high growth,
seed-to-fork plant based platforms that have well-established
financial profiles stemming primarily from its business to-business