NASHVILLE, TENN., – November 11, 2024 – AllianceBernstein L.P. (“AB”) (NYSE: AB), a leading global investment management firm, announced today it has launched the AllianceBernstein Arya Partners Canada Access Fund (“Fund”). This fund has been launched in partnership with iCapital Network Canada Ltd (“iCapital Canada”) and Oak Hill Financial Inc. (“Oak Hill Financial”).
This Fund provides Canadian accredited investors access to AB’s alternative strategies, AB Arya (“Arya”) through the Fund. Arya is AB’s market neutral, equity-focused multi-portfolio managed strategy designed to deliver attractive absolute and risk-adjusted returns with low beta and low correlation to traditional asset classes. Oak Hill is providing distribution support.
“For more than 30 years, AB has offered Canadian investors access to global asset management products,” said AB’s Head of Global Client Group and Private Wealth Onur Erzan. “This announcement signifies the firm’s first public alternatives offering for the Canadian retail channel. We continue to focus our efforts on better serving, expanding, and diversifying our offerings for Canadian clients as well as our clients around the globe.”
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About AllianceBernstein
AllianceBernstein is a leading global investment management firm that offers diversified investment services to institutional investors, individuals, and private wealth clients in major world markets. As of September 30, 2024, AllianceBernstein had $806 billion in assets under management. Additional information about AB may be found on our website, www.alliancebernstein.com.
Disclosures:
This document has been provided to you solely for information purposes and does not constitute an offer or solicitation of an offer to buy any securities nor shall there be any sale of securities in any jurisdiction in which any offer, solicitation or sale would be unlawful prior to registration or qualification of such securities under the securities laws of any such jurisdiction. The factual information set forth herein has been obtained or derived from sources believed to be reliable but it is not necessarily all-inclusive and is not guaranteed as to its accuracy and is not to be regarded as a representation or warranty, express or implied, as to the information’s accuracy or completeness, nor should the attached information serve as the basis of any investment decision.
Any offer or sale of any securities referenced in this news release will be made pursuant to the definitive private placement documents for the securities, to eligible investors who qualify as “accredited investors” under applicable Canadian securities laws. 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.
A Canadian investment fund manager and an affiliate of the iCapital group of companies (collectively “iCapital”).