Purpose Investments unveils private asset platform, new funds for Canadian investors

Purpose Investments, a Toronto-based asset management company, has unveiled an innovative private asset platform for alternative investments in Canada.

In conjunction with the platform launch, the firm is also debuting three previously inaccessible private asset funds to the Canadian market. The initial funds include Purpose Bluerock Private Real Estate Fund, Purpose Apollo Private Credit Fund, and Purpose Pantheon Private Equity Fund, which all have evergreen structures. The funds will be managed by Purpose with Bluerock Real Estate, Apollo Global Management and Pantheon Ventures will serve as the underlying fund managers, respectively.

Purpose said the platform provides access to some of the best alternative managers, institutional due diligence and intuitive educational tools to help modernize the alternative investment market and remove the barriers of private asset investing. Through a strategic partnership with CAIS, an alternative investment platform for indepen