The Massive Six financial institution is providing the fund in partnership with Companions Group, a worldwide non-public markets agency that boasts US$135 billion in AUM. Its shopper base is made up of sovereign wealth funds, household places of work, non-public people, and greater than 800 institutional traders together with main Canadian pension funds.
“We’re excited to work with Companions Group to supply an answer that simplifies investing in non-public markets,” Jeffrey Shell, head of Different Investments at BMO GAM, stated in a press release.
“In our seek for the perfect collaborator, Companions Group was distinctive, holding the substances to ship the potential octane of personal fairness, the revenue of personal credit score, the soundness of personal actual property, and the upside of proudly owning scalable infrastructure platforms in a globally diversified answer – a lovely complement to Canadian funding portfolios.”
“Our partnership with BMO is a superb alternative to broaden entry to non-public markets for Canadian accredited and institutional traders,” stated Adam Howarth, associate and co-head of Portfolio Administration at Companions Group.
With the intention of providing engaging, long-term compounding returns, Howarth stated the fund will let traders profit from Companions Group’s international platform and funding strategy that seeks to reap the benefits of thematic development tendencies, in addition to make transformative adjustments to companies and belongings.