CIBC Global Asset Management launches private infrastructure fund with J.P. Morgan Asset Management

Executive Summary

• CIBC Global Asset Management (CIBC GAM) announced the launch of the CIBC Private Infrastructure Fund in partnership with J.P. Morgan Asset Management (JPMAM).
• The fund is designed to provide Canadian accredited investors with direct access to institutional-grade private infrastructure assets.
• The product aims to offer inflation protection, portfolio diversification, and exposure to essential physical services, leveraging JPMAM’s alternative investment expertise.

Key Details

• Product Name: CIBC Private Infrastructure Fund.
• Structure: Prospectus-exempt fund; not subject to the same regulatory requirements as publicly offered investment funds.
• Target Audience: Canadian accredited investors.
• Partnership: Developed in partnership with J.P. Morgan Asset Management's Alternative Investments Strategy & Solutions (AISS) team.
• Investment Focus: Direct access to institutional-grade private infrastructure, including essential physical services and transportation networks globally.
• Key Advantages Highlighted:
  • Contractual inflation protection via inflation-linked cash flows.
  • Institutional scale access to global infrastructure and transportation networks.
  • Portfolio diversification with low correlation to volatile public equities and fixed-income markets.
  • Leverages J.P. Morgan’s decades of experience in active asset management and risk oversight.
• AUM Context: CIBC GAM manages $398 billion in assets under management (as of March 31, 2026). J.P. Morgan Asset Management manages US$4.2 trillion in assets (as of December 31, 2025).

Notable Quotes

• David Wong, Group Chief Investment Officer at CIBC Global Asset Management: "In today's challenging economic climate, building resilient portfolios means looking further than the usual mix of public equities and fixed income... Investors need solutions that can weather uncertainty and adapt to shifting market conditions, and that's why we're excited to offer access to private infrastructure."
• Travis Hughes, Head of Canada at J.P. Morgan Asset Management: "We're pleased to deepen our collaboration with CIBC and bring institutional asset management expertise to Canadian private wealth clients... This fund offers investors a sophisticated option built on disciplined investment practices and rigorous risk management, designed to support long-term capital growth."