This partnership is aimed toward assembly a rising demand amongst Canadian accredited buyers for various investments past the general public markets. The partnership guarantees to simplify entry to personal market alternatives for advisors and their purchasers nationwide.
The Fund, a non-diversified, closed-end funding administration firm registered below the US Funding Firm Act of 1940, can be managed by iCapital Canada.
As an affiliate of iCapital, the Canadian funding supervisor will leverage iCapital’s fintech platform, which helps entry to various investments for wealth managers.
With a deal with non-public fairness and different non-public property, the funding technique is designed for long-term capital appreciation, drawing on JPMF’s actively managed portfolio. The Fund is structured to supply buyers entry to JPMAM Non-public Fairness Group’s (PEG) substantial funding expertise.
The senior staff inside PEG has labored collectively for twenty-four years, managing US$31bn in property below administration (AUM) globally.