BMO Global Asset Management (BMO GAM) announced its partnership with Carlyle to offer Canadian accredited investors access to a diversified private equity portfolio. The strategy, set to launch in spring, will be executed through Carlyle's AlpInvest platform, enhancing BMO GAM's private markets access. Carlyle, with $426 billion assets managed as of December 31, 2023, operates in private equity, credit, and investment solutions. This collaboration marks Carlyle's wealth business expansion in Canada, targeting broader global reach. The fund aims to simplify private equity investments, historically accessible mainly to large institutional investors. It promises monthly subscriptions, low minimum investments, and no capital calls, focusing on investor experience. The initiative will expose investors to a broad economic segment through private companies, offering secondary, co-investment, and primary opportunities in a single fund.