[vc_row type="in_container" full_screen_row_position="middle" column_margin="default" column_direction="default" column_direction_tablet="default" column_direction_phone="default" scene_position="center" top_padding="20" bottom_padding="20" text_color="dark" text_align="left" row_border_radius="none" row_border_radius_applies="bg" row_position_desktop="default" row_position_tablet="inherit" row_position_phone="inherit" overflow="visible" overlay_strength="0.3" gradient_direction="left_to_right" shape_divider_position="bottom" bg_image_animation="none" gradient_type="default" shape_type=""][vc_column column_padding="no-extra-padding" column_padding_tablet="inherit" column_padding_phone="inherit" column_padding_position="all" flex_gap_desktop="10px" desktop_text_alignment="center" tablet_text_alignment="default" phone_text_alignment="default" background_color_opacity="1" background_hover_color_opacity="1" column_backdrop_filter="none" column_shadow="none" column_border_radius="none" column_link_target="_self" column_position="default" gradient_direction="left_to_right" overlay_strength="0.3" width="1/1" tablet_width_inherit="default" animation_type="default" bg_image_animation="none" border_type="simple" column_border_width="none" column_border_style="solid" column_padding_type="default" gradient_type="default" content_layout="flexbox" flex_layout_desktop="row" flex_justify_content_desktop="center" flex_align_items_desktop="center" flex_align_items_phone="" flex_wrap_desktop="nowrap" flex_reverse_desktop="false"][nectar_btn size="large" open_new_tab="true" button_style="regular" button_color_2="Accent-Color" icon_family="none" text="Download Report" url="https://5228948.fs1.hubspotusercontent-na1.net/hubfs/5228948/07_DOCUMENTS/2026/2025-iCapital-Canada-Private-Markets-Survey.pdf"][/vc_column][/vc_row][vc_row type="in_container" full_screen_row_position="middle" column_margin="default" column_direction="default" column_direction_tablet="default" column_direction_phone="default" scene_position="center" text_color="dark" text_align="left" row_border_radius="none" row_border_radius_applies="bg" row_position_desktop="default" row_position_tablet="inherit" row_position_phone="inherit" overflow="visible" overlay_strength="0.3" gradient_direction="left_to_right" shape_divider_position="bottom" bg_image_animation="none"][vc_column column_padding="no-extra-padding" column_padding_tablet="inherit" column_padding_phone="inherit" column_padding_position="all" flex_gap_desktop="10px" column_element_direction_desktop="default" column_element_spacing="default" desktop_text_alignment="default" tablet_text_alignment="default" phone_text_alignment="default" background_color_opacity="1" background_hover_color_opacity="1" column_backdrop_filter="none" column_shadow="none" column_border_radius="none" column_link_target="_self" column_position="default" gradient_direction="left_to_right" overlay_strength="0.3" width="1/1" tablet_width_inherit="default" animation_type="default" bg_image_animation="none" border_type="simple" column_border_width="none" column_border_style="solid"][vc_column_text css="" text_direction="default"]In this report, we analyze responses from iCapital’s latest Private Markets Survey for Canada. The survey, conducted in October 2025, was developed for Canadian Wealth Managers, Multi-Family Offices (MFOs) and Institutional Investors, to help understand respondents’ respective outlooks and preferences for alternative assets. This report includes key findings from the survey along with commentary that we hope the broader alternatives industry in Canada, will find insightful. We will continue to conduct this survey annually and will track changes in sentiment and appetite to help us ensure we continue to tailor our solutions to best meet the needs of our clients in Canada. This year’s findings reinforce the continued interest in private markets, even as advisors adopt a more measured pace in increasing allocations. The responses underscore that alternatives remain integral to portfolio construction, particularly as a source of diversification and risk management.
Key Takeaways
Advisor allocation preferences as portfolios are repositioned for 2026
Shifts within asset classes are viewed as the most attractive opportunity heading into 2026
Advisors are seeking simpler, regulatory-friendly access to alternative investments
Liquidity constraints, subscription complexity, and higher fees continue to act as barriers within the alternatives marketplace
The findings from this report are based on responses from over 40 unique wealth management firms. Most respondents offer discretionary investment management for their clients. For the majority, discretionary investment management represents over half of their client asset base. If you have any inquiries about the survey or this report, please contact the iCapital Canada team: Thomas Johnston, Canadian Market Head Tom Johnston – [email protected] Tony Mallozzi – [email protected] Will Blanco – [email protected][/vc_column_text][/vc_column][/vc_row]
