Business
Mackenzie Investments and Great-West Lifeco Establish Strategic Relationship with Northleaf Capital Partners for Private Markets Investments
Mackenzie Investments and Great-West Lifeco Establish Strategic Relationship with Northlea...
About this update from Great-west Lifeco Inc.
[{"type":"text","content":"\n\n\n\nMackenzie Investments and Great-West Lifeco Establish Strategic Relationship with Northleaf Capital Partners for Private Markets Investments\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbtb0{\nBORDER-TOP:black 0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nWINNIPEG, MB, Sept. 17, 2020\n\n\n\nMackenzie and Great-West Lifeco to acquire strategic interest in Northleaf. \nRelationship will enhance private equity, private credit and infrastructure product suite across IGM Financial and Great-West Lifeco distribution channels while accelerating Northleaf's growth and distribution reach.\n WINNIPEG, MB, Sept. 17, 2020 /CNW/ - Mackenzie Financial Corporation (\"Mackenzie Investments\"), an IGM Financial Inc. (\"IGM\") subsidiary, Great-West Lifeco Inc. (\"Lifeco\"), and Northleaf Capital Partners Ltd. (\"Northleaf\") today announced that they have entered into a strategic relationship to expand and enhance the private markets product capabilities across IGM's and Lifeco's distribution channels. \n\n \n \n \n \n \n \n\n \nHighlights include:\nMackenzie and Lifeco will jointly acquire a non-controlling interest in Northleaf through an acquisition vehicle 80% owned by Mackenzie and 20% owned by Lifeco, providing a significant presence in the large and rapidly growing private markets investment industry. Expands Mackenzie's capabilities to offer global private equity, private credit and infrastructure investment solutions through its retail advisory channels and financial institution distribution partners. Enhances portfolio construction at IG Wealth Management1, building on long-standing capabilities of incorporating private asset classes into client portfolios, with emphasis on high-net worth and mass aff...