J.P. Morgan Asset Management (JPMAM), a global asset manager with $240 billion in alternative assets under management globally, has announced a partnership with iCapital Network Canada, introducing access to the J.P. Morgan Private Markets Strategy for accredited investors in Canada.
The partnership builds on a longstanding collaboration between JPMAM and iCapital, a global fintech platform driving the world’s alternative investment marketplace for the wealth management industry. J.P. Morgan became a strategic investor in iCapital in 2018, and the two companies have leveraged their partnership to expand access to private wealth opportunities in several regions throughout the past five years.
This is the first J.P. Morgan strategy available to Canadian advisers in the market. It will allow Canadian accredited investors to gain access to the strategy through the iCapital PEG Evergreen Private Equity CAD Fund. This fund will be managed by iCapital Canada, a Canadian inv