/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./

TORONTO, Oct. 15, 2026 /CNW/ -- Next Edge Capital Corp. ("Next Edge" or the "Manager") is pleased to announce the closing of the initial public offering (the "Offering") of Next Edge CIA Disciplined Growth Portfolio (the "Fund"). Pursuant to the Offering, the Fund issued an aggregate of 35,600 Class A Units and 4,464,400 Class F Units (collectively, the "Units") for gross proceeds of $45,000,000.

The Units were issued at a price of $10.00 per Class A Unit and $10.00 per Class F Unit. Following the closing of the Offering, the Class A Units were reclassified as Class F Units based on their respective NAV per Unit such that, currently, only Class F Units are outstanding. The Class F Units are listed on the Toronto Stock Exchange under the symbol "PCD.UN".

The Fund has granted the Agents (as defined below) an over-allotment option, exercisable in whole or in part for a period of 30 days following the closing of the Offering, to purchase additional Class F Units in an amount up to 15% of the aggregate number of Class A Units and Class F Units issued under the Offering, at a price of $10.00 per Class F Unit.

The Fund seeks to provide holders of Units with long-term capital appreciation and excess returns relative to a benchmark, comprised 50% of the S&P/TSX Composite Index and 50% of the Dow Jones U.S. Total Stock Market Index, by investing in a portfolio (the "Portfolio") comprised primarily of publicly-traded North American equity securities which the Manager believes will outperform its benchmark while maintaining lower volatility and reducing downside participation during market declines

The Fund will seek to achieve its investment objectives by deploying a "GARP" or "growth at a reasonable price" strategy through a Portfolio comprised primarily of publicly-traded equity securities of North American issuers representing a wide range of industries, capitalization sizes, and sources of return, which the Manager believes have durable earnings growth, sound fundamentals, attractive valuations, quality management and sustainable competitive advantages. The Fund will seek to generate consistent alpha through disciplined fundamental research, portfolio construction, and active risk management. 

The Offering was led by National Bank Financial Inc. as bookrunner and includes iA Private Wealth Inc. as an agent (collectively, the "Agents").

About Next Edge

Next Edge is an investment fund manager and a leader in the structuring and distribution of alternative, private credit and value-added fund products in Canada. The firm is led by an experienced management team that has launched numerous investment solutions in a variety of product structures and has been responsible for raising over $3 billion of alternative assets since 2000.¹ Next Edge specializes and focuses on providing unique, value-added pooled investment vehicles to the Canadian marketplace.

Next Edge Capital Corp., 18 King Street East, Suite 902, Toronto, Ontario M5C 1C4

The Offering is made only by prospectus. The prospectus contains important detailed information about the securities being offered. Copies of the prospectus may be obtained from any of the Agents. Investors should read the prospectus before making an investment decision.

There are ongoing fees and expenses associated with owning securities of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the fund in these documents. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

The Units have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or the securities laws of any state of the United States, and may not be offered or sold, directly or indirectly, in the United States (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable securities laws of any state of the United States or in reliance on an exemption from such registration requirements. This news release does not constitute an offer to sell, or a solicitation of an offer to buy any of the Fund's securities referred to herein in the United States.

SOURCE Next Edge Capital Corp.