Private Assets Background
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Private Assets—

Purpose Specialty Lending Trust

On July 15, Purpose notified current unitholders of its plan for the orderly termination of the Fund. As a result, it will no longer accept subscriptions or redemptions.

The purpose of this fund

An award winning core private asset solution to generate higher income from a diverse portfolio of global private debt.

  • •Canada’s first global multi-manager private debt fund, built with best-in-class credit managers, including ONEX, Brookfield, Oaktree and Neuberger Berman
  • •Active portfolio selection process screens managers for pedigree, experience, investment process and track record
  • •Invests in an array of private debt strategies, including direct lending, asset-based lending, supply chain financing, mezzanine debt and distressed debt
  • •Winner for Best One-Year Return in the Private Debt Category at the Canadian Hedge Fund Awards* in 2021

Invested in funds managed by -

oaktreestar mountain
onexneuberger
monroe

Managed by -

Purpose Investments Inc. Logo

Purpose Investments Inc.

Ragheb Othmani, CFA

Ragheb Othmani, CFA
Associate Portfolio Manager

Purpose Investments Inc.

*The award is based solely on quantitative performance data from June 30, 2020, to June 30, 2021, with Fundata Canada Inc. managing the collection and tabulation of the data to determine the winners. There is no nomination process or subjective assessment in identifying the winning hedge funds. Find out more at www.canhfawards.com.