IG Wealth Management has introduced a private investment mandate to its iProfile U.S. Equity Private Pool.
In a release, the firm said the new mandate would offer enhanced diversification to investors through exposure to privately held U.S. companies.
“We’re committed to making the iProfile Private Portfolios an ideal investment option for our mass affluent and high-net-worth clients,” Jon Kilfoyle, senior vice-president, IG Investments, said in a release.
To facilitate the expanded mandate of the U.S. equity private pool, IG announced a corresponding private equity investment in the Northleaf Capital Opportunities Fund.