Mackenzie and Northleaf partner on multi-asset alternatives strategy

Canadian-based firms Mackenzie Investments and Northleaf Capital Partners have launched a private markets fund with exposure to credit, equity, and infrastructure.

Launched this week, the Mackenzie Northleaf Multi-Asset Private Markets Fund is available to accredited investors in Canada.

Both Mackenzie Investments, a C$239bn (£127.9bn) asset manager, and Northleaf Capital Partners, a C$30bn investment firm, stated that the fund comprises a diversified portfolio of private equity, private credit, and infrastructure investments, targeting a 60/40 mix of growth and income opportunities.

“With notable and continued growth expected across private markets, the Mackenzie Northleaf Multi-Asset Private Markets Fund is a solution for investors seeking access to private market asset classes through a single investment,” said Kristi Ashcroft, executive vice president, products and solutions, Mackenzie Investments. “Through our strategic partnership with Northleaf, advisers and investors gain an exciting opportunity to efficiently integrate private market exposure into portfolios.”