/NOT FOR DISSEMINATION TO U.S. NEWSWIRE
SERVICES OR DISSEMINATION IN THE UNITED
STATES OR TO U.S. PERSONS/
TORONTO, Jan. 13,
2023 /CNW/ - BMO Global Asset Management (BMO
GAM) continues to enhance its capabilities in the alternative
investment space with the launch of the BMO Georgian
Alignment II Access Fund LP (Access Fund). This new fund
offers an opportunity for Canadian accredited investors to gain
exposure to privately-held companies, a part of the real economy
traditionally reserved for institutional investors.
Georgian is a leading investor in high-growth technology
companies. The Access Fund will have exposure to Georgian's curated
set of privately-held North American software companies that focus
on areas such as cybersecurity, social engagement, and industrial
automation. Collectively, these companies have established market
demand, attractive growth prospects and a history of working with
Georgian built through years of prior investment.
"We are excited to offer a ladder into the walled garden of
private markets," said Jeffrey
Shell, Head of Alternative Investments, BMO Global Asset
Management. "Investing in privately-held technology companies has
long been among the most successful strategies to grow wealth, and
could play an important role in appropriately diversified
portfolios. The Access Fund provides an exclusive opportunity for
accredited investors to gain exposure to established companies in
areas essential to today's economy and forming the backbone of
where we're headed. These companies benefit from Georgian's
impressive approach to achieve their true potential, leveraging
bespoke technology tools, advanced research and development and
customized guidance from experienced senior leadership."
For more information about the BMO Georgian Alignment II
Access Fund LP for accredited investors, please visit:
www.bmogam.com/georgian.
About BMO Financial Group
Serving customers for 200
years and counting, BMO is a highly diversified financial services
provider - the 8th largest bank, by assets, in North America. With total assets of
CAD$1.14 trillion as of October 31, 2022, and a team of diverse and
highly engaged employees, BMO provides a broad range of personal
and commercial banking, wealth management and investment banking
products and services to more than 12 million customers and
conducts business through three operating groups: Personal and
Commercial Banking, BMO Wealth Management and BMO Capital
Markets.
About Georgian
Founded in 2008, Georgian Partners
Growth LP and its affiliates (Georgian) is an investor in high
growth technology companies. Georgian leverages cutting-edge
technology to disrupt the business of investing – including
automated sourcing of candidates to invest in and digital
communities to collaborate and share great ideas. Their
technology-driven approach includes a dedicated R&D team that
helps create business solutions to generate high return on
investment for portfolio companies.
As of September 30, 2022, Georgian
has raised US$4.2B in funding across
67 investments. Georgian thrives through diversity (48% of staff
are women, 52% underrepresented groups) and has been recognized as
#2 on the list of Great Places to Work in Canada with under 100 employees.
For more information about Georgian, please visit:
www.georgian.io.
Web: www.bmo.com Twitter:
@BMOmedia
Disclaimer
Under no circumstances is this news release to be construed as an
offer to sell securities or the provision of advice in relation to
any securities. Any offer or sale of any securities referenced in
this news release will be made pursuant to the Access Fund's
confidential offering memorandum or similar document, to eligible
investors who qualify as "accredited investors" under applicable
Canadian securities laws. The Access Fund described herein is not
intended for investors outside of Canada. In addition, any offer or sale of, or
advice related to, any securities referenced in this news release
will be made only by a dealer registered in the appropriate
category or relying on an exemption from registration. No
Canadian securities regulatory authority has reviewed or in any way
passed upon the information contained in this news release or the
merits of any securities referenced in this news release, and any
representation to the contrary is an offence. This press release
shall not constitute an offer to sell or the solicitation of an
offer to buy the securities in the United
States. Interests in the Access Fund may not be offered or
sold in the United States and may
not be purchased by any U.S. person or sold to any U.S. person.
BMO Global Asset Management is a brand name under which BMO
Asset Management Inc. and BMO Investments Inc. operate.
®/™Registered trademarks/trademark of Bank of Montreal, used under license.
SOURCE BMO Financial Group