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The Fidelity launch expands Meketa Capital’s footprint in the Wealth Management market.
Meketa Capital Launches Infrastructure Fund with National Financial Services and Fidelity Brokerage Services
Paul Lim
BackBay Communications
paul.lim@backbaycommunications.com
Meketa Capital announced that the Meketa Infrastructure Fund (Ticker: MIFAX) is now available to registered investment advisors (RIAs) through Fidelity’s Institutional Wealth Services and National Financial marketplaces.
With this move, the Meketa Infrastructure Fund is now available to RIA clients through the country’s three largest RIA custodians: Fidelity, Schwab, and BNY Pershing.
“We are pleased to provide RIA clients convenient and direct access to private market investments through the Fidelity platform,” said Michael Bell, CEO of Meketa Capital. “We believe this offers investors greater opportunities to construct well-diversified portfolios suitable to a wide variety of circumstances and needs.”
This evergreen interval fund benefits from Meketa Capital’s association with Meketa Investment Group, which brings over forty years of expertise in private market investments and fiduciary management. This partnership ensures that investors have access to high-quality direct co-investment opportunities in private infrastructure assets. Registered under the Investment Company Act of 1940, the Fund also features daily pricing and allows liquidity for up to 5% of the Fund’s NAV on a quarterly basis.
Stephen McCourt, Co-CEO of Meketa Investment Group, added, “Having the Meketa Infrastructure Fund on the Fidelity marketplaces will help empower RIAs to offer enhanced solutions to their clients, while also working toward Meketa Capital’s goal of providing individual investors with direct private infrastructure investments.”
For more information on Meketa Capital and the Meketa Infrastructure Fund, please call 720-697-1010 or email info@meketacapital.com.
About Meketa Capital
Meketa Capital is a subsidiary of Meketa Investment Group focused on investment solutions for the advisor marketplace. Meketa Capital will market and distribute investment services and products to RIAs and other advisors in the individual investor marketplace. These potential products and services include: managing and distributing interval funds, providing asset allocation for model portfolios, managing customized private market fund vehicles, and providing some general consulting services to advisors.
Past performance is not a guarantee nor a reliable indicator of future results. As with any investment, there are risks. There is no assurance that the fund will achieve its investment objective.
The views and opinions expressed herein are those of senior management and may change at any time with prior notification. This announcement contains information from sources we believe are a reliable source. However, we are not responsible for the accuracy of such information. The information contained in this announcement is not an offer or a solicitation of an offer to purchase or sell any securities mentioned herein.
Investors should carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. This information is included in the Fund Prospectus and should be read carefully before investing. The Prospectus is available through the Prospectus link on the Meketa website. Before investing, carefully read the Prospectus here.
An investment in the Meketa Infrastructure Fund is considered speculative and involves a high degree of risk. The program is not suitable for all investors. The shares are considered somewhat illiquid meaning you may not be able to transfer or redeem shares on demand or in the quantity desired. An investor may lose all or a substantial part of their investment. There can be no assurance that the investment objectives of the Fund will be achieved.
An investment in the Fund is subject to, among others, the following risks:
- The Fund is not intended as a complete investment program but rather the Fund is designed to help investors diversify into private equity investments.
- The Fund is a “non-diversified closed-end” management investment company registered under the Investment Company Act of 1940.
- An investment in the Fund involves risk. The Fund is new with no significant operating history by which to evaluate its potential performance. There can be no assurance that the Fund’s strategy will be successful.
- Shares of the Fund are not listed on any securities exchange, and it is not anticipated that a secondary market for shares will develop.
- Shares are appropriate only for those investors who can tolerate a high degree of risk, and do not require a liquid investment.
- There is no assurance that you will be able to tender your shares when or in the amount that you desire. Although the Fund will offer quarterly liquidity through a quarterly repurchase process, an investor may not be able to sell or otherwise liquidate all their shares tendered during a quarterly repurchase offer.
- The Fund’s investment in private equity companies is speculative and involve a high degree of risk, including the risk associated with leverage.
App Lit No: MCL- 609253 -2024-09-19
Distributor: Foreside Financial Services LLC. Member FINRA. Foreside is not affiliated with the entities or product mentioned in this communication.
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