Talvest Fund Management has reached a marketing and administrative service agreement for the distribution of Capital Alliance Ventures Inc., a labour-sponsored investment fund with a focus on “expansion-stage” technology companies throughout Ontario.

Through the agreement, Talvest will oversee the distribution of CAVI in Ontario only.

Launched in July 1994, CAVI’s $76 million portfolio covers a broad spectrum of technologies, products and markets, ranging from early-stage to mature companies with meaningful sales and profits. The fund primarily focuses on expansion-stage companies with compelling fundamentals and reasonable valuations in computer hardware, software, data communications and semiconductors.

“Through our close collaboration, we expect our exclusive strategic alliance with CAVI to provide important benefits to our customers,” said Drew Wallace, senior vice president, Marketing and Sales. “It gives us the opportunity to develop and distribute a venture capital fund that serves a growing segment of investors in Ontario.”

CAVI will continue to be managed by Capital Alliance Management Inc.