In the competitive grocery retail climate, CFIG
continues to recognize those whose leadership, innovation, and commitment have placed them among Canada's most successful independents," said CFIG
president John F.
head Kelly Williams said that as part of Grosvenor, his company would have access to a broader range of solutions.
Additionally, the CFIG
received $75,000 under the Advancing Canadian Agriculture and Agri-Food (ACAAF) Program to create the "Destination Canada" pavilion for the Grocery Innovations Canada 2007 show, which was held earlier this week in Toronto.
Following the completion of the transaction, CFIG
will be renamed the GCM Customized Fund Investment Group, and will operate as a subsidiary of Grosvenor and maintain its New York headquarters.
, which manages assets of some USD18bn, offers private equity solutions globally.
During the event CFIG
is rolling out Destination Canada and Access Ontario, a grocery retail strategy enabling attendees to connect with local area food producers and processors throughout Canada.
GROSVENOR CAPITAL TO BUY CREDIT SUISSE'S PE UNIT CFIG
In addition to being Agvance s anchor investor, AfDB has played a key role in developing the Agvance concept, with support from the Fund for Private Sector Assistance (FAPA), and will work closely with the CFIG
to design a state-of-the-art environmental and social management system in cooperation with the World Wildlife Fund (WWF).
In December, at McGuinty's request, CFIG
and a group of Ontario retailers met with him and Ontario minister of agriculture, food and rural affairs Leona Dombrowsky to open a dialogue on how to better brand and promote consumption of local food products and to raise consumer awareness on this issue.