This partnership is aimed at meeting a growing demand among Canadian accredited investors for alternative investments beyond the public markets. The partnership promises to simplify access to private market opportunities for advisors and their clients nationwide.
The Fund, a non-diversified, closed-end investment management company registered under the US Investment Company Act of 1940, will be managed by iCapital Canada.
As an affiliate of iCapital, the Canadian investment manager will leverage iCapital’s fintech platform, which supports access to alternative investments for wealth managers.
With a focus on private equity and other private assets, the investment strategy is designed for long-term capital appreciation, drawing on JPMF’s actively managed portfolio. The Fund is structured to provide investors access to JPMAM Private Equity Group’s (PEG) substantial investment experience.
The senior team within PEG has worked together for 24 years, managing US$31bn in assets under management (AUM) globally.