The capital raise, which will fund further acquisitions across Canada, was completed through an iCapital-managed investment vehicle.
The firm is developing products for retirement and mass affluent investors as wealth AUM soars 41% YoY to $82 billion.
Real estate investment firm Brixton Capital contributed the property through a tax-deferred 721 exchange in return for partnership units.
The Cantor Fitzgerald Energy Fund is one of the first '40 Act funds to offer direct investor exposure to US oil and gas interests, according to the firms.
Launched in 2022, the non-traded vehicle invests across venture capital, private credit, and private equity.
The jointly developed product gives wealth investors access to ICG's private equity LP secondaries strategy spanning North America and Europe.
The British private bank will reportedly give wealth clients access to KKR's $8.5 billion private equity and $7.7 billion infrastructure funds.
The interval fund joins a lineup of vehicles managed by Neuberger, StepStone, and Nuveen across private credit, multi-asset, real estate, and venture strategies.
Sun Life has committed $150 million in seed capital to the vehicle, which invests globally across infrastructure funds, secondaries, and co-investments.
The iCapital Virtus Diversified REIT will provide Canadian wealth managers with streamlined exposure to VREIT's non-listed real estate portfolio.
