MONTREAL, July 16,
2024 /CNW/ - Desjardins Global Asset Management
Inc. (DGAM) has just introduced the DGAM Canadian Private Real
Estate Fund (the "Fund") to give institutional investors
access to high-quality properties in the Canadian commercial real
estate market. The Fund was launched with an initial transaction
involving a diversified core real estate portfolio with more than
$300 million in assets in various sectors, including
multi-residential, industrial and shopping malls. This new
alternative focuses on low debt and attractive, stable income, as
well as a low correlation to traditional asset classes. DGAM's
responsible investment practices are applied across all of the
Fund's processes, including those for analyzing opportunities and
acquiring or managing assets.
"Desjardins Global Asset Management's
new real estate fund offers growth opportunities and stability,
allowing investors to participate in the dynamic Canadian
commercial real estate market, which is popular with major
institutional investors. We're proud to launch this fund, as it
enhances our private market offering, showcases our expertise and
reflects our commitment to our clients." (Nicolas Richard, President and Chief Operating
Officer of DGAM)
The Fund will be managed by Tony
Roy, Vice-President and Head of Real Estate Investments,
under the direction of Frédéric Angers, Vice-President and Chief
Investment Officer, Private Markets. Mr. Roy's real estate
investment team includes 10 investment professionals based in
Montreal, Lévis and Toronto. They've been delivering strong
results for major Canadian institutional clients for 26 years, and
during this time they've accumulated nearly $4 billion in real estate assets under
management.
Why invest in the DGAM Canadian Private Real Estate
Fund?
- Generate stable long-term investment income by benefitting from
the Fund's investment philosophy, which focuses on capital
preservation and cash flow growth
- Diversify your portfolio by taking advantage of a low
correlation with other asset classes
- Use DGAM's real estate platform to seize exclusive investment
opportunities and complete transactions with ease
About Desjardins Group
https://www.desjardins.com/Desjardins Group is the largest
cooperative financial group in North
America and the fifth largest in the world, with assets
of $435.8 billion as at
March 31, 2024. It was named one of the top employers in
Canada by both Forbes
magazine and Mediacorp. To meet the diverse needs of its members
and clients, Desjardins offers a full range of products and
services to individuals and businesses through its extensive
distribution network, its online platforms, and its subsidiaries
across Canada. Ranked among the
world's strongest banks according to The Banker magazine,
Desjardins has one of the highest capital ratios and one of the
highest credit ratings in the industry.
SOURCE Desjardins Group