On April 21, 2016, Ridgewood Capital Asset Management Inc., an independent investment manager with a diverse client base, announced that Ridgewood Canadian Investment Grade Bond Fund completed its private placement of 556, 180 units at C$13.35 per unit resulting in gross proceeds of approximately C$7.425 million. Daniel Fuke and Tracey Hooey of Fasken Martineau advised Ridgewood Capital Asset Management Inc.