MD Financial Management, a wealth management organization owned by the Canadian Medical Association, has announced the launch of MD Platinum Global Private Equity Pool.
Access to alternative investments
MD Platinum "provides access to alternative investment strategies that are typically reserved for institutional investors and have barriers to entry such as high minimum-purchase requirements," stated MD Financial Management in an announcement March 15.
MD Financial has partnered with BlackRock to develop MD Platinum.
"Private equity is a unique opportunity for our clients to potentially access attractive long-term growth, additional portfolio construction opportunities and increased portfolio diversification,” said Brian Peters, president and CEO at MD Financial. “At MD, we are committed to helping our clients address their full range of financial goals, and the MD Platinum Global Private Equity Pool is a new and innovative way to do this."
Crucial asset class
BlackRock is pleased to partner with MD as they start to offer private-equity alternative investments to their clients," said Mark Wiseman, global head of Active Equities and Chairman of BlackRock Alternative Investors. "Alternatives are now a crucial asset class for institutional investors in Canada and around the globe. It is encouraging to see that individual investors now have access to institutional-quality private equity exposure through the MD Platinum platform."