VANCOUVER, British Columbia, Oct. 31, 2017 (GLOBE NEWSWIRE) -- Nicola Wealth Management is pleased to announce the launch of its NWM Private Debt Fund. This fund combines a fund-of-funds approach with a direct investment in private debt opportunities to earn an attractive premium above public market fixed income yields and returns.
“By partnering with a stable of handpicked sub-managers, we are able to diversify across regions, industries, and strategies to include a wide set of private debt opportunities,” says NWM president, David Sung. “Nicola Wealth has always focused on an asset allocation that extends beyond typical stocks and bonds to create true diversification. We see great potential in adding private debt to that mix.”
Using this structure and philosophy, the Nicola Wealth Private Debt Fund innovates on traditional private debt investments to seek high income yield, low volatility, low fees, and liquidity.
Some of Nicola Wealth Private Debt Fund’s sub-managers include:
- Crown Capital Partners Inc.
- Penfund
- Oaktree
- THL Credit
About Nicola Wealth Management
Established in 1994, Nicola Wealth Management (www.nicolawealth.com) is among Canada’s fastest growing asset fund management and private investment counsel firms (Investor Economics 2016) with over $5 billion in assets under management. The firm provides portfolio diversification well beyond stocks and bonds, comprehensive and integrated wealth planning, and consistent and stable returns, serving affluent families, entrepreneurs, and foundations across Canada.
This investment is generally intended for tax residents of Canada who are accredited investors. Some residency restrictions may apply. Please see your NWM advisor to discuss the risks of this fund including terms of redemption and limited liquidity. All investments contain risk and may gain or lose value. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions.
MEDIA CONTACTS
Victoria Grady | Tim Cuffe | Twitter: @nicolawealth |
604.484.1286 | 604-235-9978 | facebook.com/nicolawealth |
vgrady@nicolawealth.com | tcuffe@nicolawealth.com | |