PFM Capital holds initial close for 4th flagship PE fund

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By Ted Liu

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.