Sterling Global Financial
Apr 9, 2024
Stephen Tiller, CEO of Sterling Global Financial, announced the expansion of the Sterling Mortgage Income Fund (SMIF) through a new distribution arrangement with iCapital Network Canada, making the strategy available to a broader base of eligible Canadian investors as of April 1, 2024. The fund, originally introduced in 2016 and accessible across registered accounts, feeds into a master vehicle overseen by an experienced real estate lending and development team, and this move follows Sterling’s recent entry into the U.S. wealth management market. Tiller noted that iCapital’s platform will increase access and availability, providing Canadian advisors and investors exposure to diversified real estate credit opportunities focused on income generation and capital preservation, while reinforcing Sterling’s continued momentum in scaling institutional-quality real estate credit solutions across global wealth channels.