Saturday, May 18th, 2024

Vengrowth/Covington annual 15% redemption

January 6, 2012 by  
Filed under Covington venture funds

As a Covington Fund II shareholder, when can I take my first annual 15% fee-free redemption? At the time of the merger, investors could pay a fee to redeem matured shares and those transactions have been completed.  Covington will communicate with financial advisors when the back office conversion has been completed and the first redemption […]

Vengrowth merger into Covington II Fund

October 3, 2011 by  
Filed under Covington venture funds

VenGrowth shareholders have overwhelmingly endorsed the Covington Offer to acquire the VenGrowth Funds. More than 90 per cent of votes were cast in favour of the Covington Offer, according to preliminary results presented. The two companies will proceed to merge back office system and expect to be ready to pay out cash to shareholders who […]