PFM Capital has held an initial close for its fourth private equity fund, Apex IV Investment Fund, with commitments primary from accredited investors from Saskatchewan.
PFM Capital’s Apex III is a 2018-vintage fund final closed November 1, 2019 with total committed capital of $103.4 million.
The Apex Series of Funds offer institutional and accredited investors exposure to a professionally-managed, diversified portfolio of private companies.
Apex Funds targets mature companies with established operations that can provide high growth and/or yield potential in the energy, value-added agriculture, real estate, consumer discretionary, industrials and manufacturing sectors.
Founded in 1989 as a corporate finance company, Regina, Saskatchewan based PFM PFM has been managing private equity and venture capital funds since 1993, including Apex Series of Funds, and SaskWorks Venture Fund Inc.