Starlight Capital Launches Its First ETFs on NEO
Starlight Capital, including Chief Executive Officer & Chief Investment Officer Dennis Mitchell, joined Jos Schmitt, President and Chief Executive Officer – NEO, to open the market to celebrate the launch of their first ETF listings. The Starlight Global Infrastructure Fund (NEO:SCGI) and the Starlight Global Real Estate Fund (NEO:SCGR) began trading today on NEO.
Toronto – October 2, 2018 – The NEO Exchange (“NEO”) is pleased to announce that Starlight Investments Capital LP (“Starlight Capital”) has launched the Starlight Global Infrastructure Fund (NEO:SCGI) and the Starlight Global Real Estate Fund (NEO:SCGR) today on NEO. These are the first Canadian ETFs to be launched by Starlight Capital, and they are the tenth ETF provider to list products on NEO. Starlight Capital is a wholly-owned subsidiary of Starlight Investments, a premier North American real estate asset management firm which manages over $9 billion of capital.
The Starlight Global Infrastructure Fund invests in a globally diversified portfolio of publicly listed global infrastructure companies. The Starlight Global Real Estate Fund invests primarily in real estate investment trust (REITs) and equity securities of corporations participating in the residential and commercial real estate sector.
“We are excited to provide Canadian investors with direct access to Starlight’s real estate and infrastructure expertise through the launch of our first ETFs. These real asset sectors have traditionally been under represented in Canadian investors’ portfolios,” said Dennis Mitchell, CEO & CIO, Starlight Capital.
Graeme Llewellyn, CFO and COO of Starlight Capital had high praise for the partnership Starlight has formed with the NEO Exchange, stating: “NEO has been a reliable, service-oriented listing partner whose depth of knowledge has been essential in helping us navigate the Canadian ETF landscape as we bring these funds to market.”
The NEO Exchange consistently facilitates approximately 25 per cent of all Canadian ETF trading volume, and is now home to more than 65 fund listings from ten Canadian providers. Click here for a complete view of all NEO-listed securities.
“We are proud to welcome Starlight Capital to NEO as Canada’s newest ETF provider,” said Jos Schmitt, President and CEO, NEO. “Starlight Capital and NEO are natural partners in that we both leverage the expertise of our experienced management teams to provide value to our respective clients. It’s about applying new and innovative thinking to age-old industries that are rapidly evolving. Starlight Capital’s decision to list their inaugural ETFs on NEO speaks volumes about how quickly we have established ourselves as a champion for investors, fund providers, and companies looking to raise capital through our focus on fairness, liquidity and transparency.”
About NEO Exchange
Aequitas NEO Exchange Inc. is Canada’s next generation stock exchange, putting the needs of investors, businesses looking to raise capital and dealers first. Launched in March 2015, the NEO Exchange currently offers an innovative trading venue to trade all Canadian securities. It also has a value added listing platform for capital raising companies and investment products, focused on liquidity, transparency and efficiency. For more information, please visit: NEOstockexchange.com
About Starlight Capital and Starlight Investments
Starlight Capital is an independent asset management firm. Our goal is to deliver superior risk adjusted returns to investors through a disciplined investment approach, Focused Business Investing. Starlight Capital is a wholly-owned subsidiary of Starlight Investments. Starlight Investments is a private, full service, real estate investment and asset management company. The firm is driven by an experienced team of over 160 real estate professionals managing over $9 billion of capital on behalf of pension funds, family offices, high net worth investors, retail investors and public REITs. Please visit us at www.starlightcapital.com and connect with us on LinkedIn.