Exciting Launch of the Meketa Infrastructure Fund
Meketa Capital has made an impactful move by launching the Meketa Infrastructure Fund, which is aimed at registered investment advisors (RIAs). This fund is now accessible through Fidelity’s Institutional Wealth Services and National Financial marketplaces, expanding options for advisors and their clients.
Access to a Broad Client Base
With the introduction of this fund, clients working with RIAs will gain access to one of the top infrastructure investment solutions available in the market today. This expansion allows Meketa Capital to partner with Fidelity, Schwab, and BNY Pershing, the three largest custodians for RIAs in the country.
Michael Bell, the CEO of Meketa Capital, expressed the company’s commitment to facilitating greater access to private market investments. He emphasized that this move empowers investors to build diversified portfolios that meet a variety of investment goals.
Benefits of the Meketa Infrastructure Fund
This new interval fund stands out due to its evergreen structure and affiliation with Meketa Investment Group. With more than forty years of experience in the fiduciary management and private market investments arena, Meketa Capital ensures high-quality opportunities for its investors.
Features of the Fund
Registered under the Investment Company Act of 1940, the Meketa Infrastructure Fund delivers daily pricing and allows liquidity for up to 5% of the fund’s net asset value (NAV) quarterly. This structure is designed with the investor's needs in mind, making it a flexible investment option.
Stephen McCourt, Co-CEO of Meketa Investment Group, highlighted the significance of having the Fund featured on Fidelity’s platforms. It not only enhances RIAs' offerings but also supports Meketa Capital’s mission to direct individual investors toward opportunities in private infrastructure investments.
About Meketa Capital
Meketa Capital is a dedicated subsidiary of Meketa Investment Group, focusing on creating solutions tailored for the advisor marketplace. Its mission includes marketing and distributing investment services and products targeted towards RIAs and various investment advisors.
Investment Solutions Offered
Among the potential offerings, Meketa Capital manages interval funds, facilitates asset allocation for model portfolios, creates customized private market fund vehicles, and provides advisory consulting services. This comprehensive approach positions Meketa Capital as a versatile partner for investment advisors.
It’s crucial to understand that past performance does not guarantee future results, and every investment carries inherent risks. The Meketa Infrastructure Fund is no exception. Investors are encouraged to deeply consider the fund's objectives, risks, charges, and expenses before committing to an investment.
Risk Considerations Associated with the Fund
Investors should be aware that an investment in the Fund could be speculative and may not suit all investors. Shares in this fund are somewhat illiquid, potentially limiting the ability to transfer or redeem shares. Investors may risk losing part or all of their investment.
Understanding Fund Dynamics
The Meketa Infrastructure Fund does not serve as a complete investment program. Instead, it is designed to aid investors in diversifying into private equity sectors. Currently, it operates as a non-diversified, closed-end management company registered under the appropriate regulations.
Potential investors must note the lack of historical performance data for the Fund, and there is no assurance that the strategies employed will yield successful outcomes. Furthermore, shares are not listed on security exchanges, which may further restrict liquidity options for investors.
Advisors aiming to include this fund within their offerings should keep in mind that it is intended for those who can manage high-risk investments without requiring immediate liquidity. As part of its structure, the Fund is poised to conduct quarterly repurchase offers to address investor liquidity needs, but full realization of all shares tendered is not guaranteed.
Frequently Asked Questions
What is the Meketa Infrastructure Fund?
The Meketa Infrastructure Fund is a new investment offering for registered investment advisors, providing access to private market infrastructure opportunities.
Who can invest in the Meketa Infrastructure Fund?
The fund is available to registered investment advisors and their clients looking for private market investment options.
What are the risks of investing in this fund?
Investing in the Meketa Infrastructure Fund involves risks including liquidity concerns and the speculative nature of private equity investments.
What features distinguish the Meketa Infrastructure Fund?
This fund offers daily pricing and permits liquidity of up to 5% of the fund's NAV on a quarterly basis.
How can I learn more about Meketa Capital?
To explore more about Meketa Capital and the Meketa Infrastructure Fund, reaching out via phone is encouraged.
