You generate alpha. You shouldn't have to build a compliance department to distribute it.
You generate alpha. You shouldn't have to build a compliance department to distribute it.
You generate alpha. You shouldn’t have to build a compliance department to distribute it.
Midasboard is the registered Exempt Market Dealer (EMD) that handles KYC, investor suitability, exemption qualification, subscription execution, and regulatory filings for alternative investment funds, so your team can focus on portfolio management. One white-labeled platform. Across Canada.
Midasboard is the registered Exempt Market Dealer (EMD) that handles KYC, investor suitability, exemption qualification, subscription execution, and regulatory filings for alternative investment funds, so your team can focus on portfolio management. One white-labeled platform. Across Canada.
Traditional distribution wasn't built for how alternative funds actually raise capital
Distribution costs that consume your economics
Compliance that burns operational bandwidth
Platforms that expose your investor relationships
Midasboard replaces all of that.
Midasboard replaces all of that.
A gated, white-labeled platform where your investors only see your fund. No warrants. No trailing fees. No cross-selling. Full four-step compliance (exemption qualification, KYC, KYP, suitability).
Step 1 — Set up your raise
Step 1 — Set up your raise
We review your offering documents, build your white-labeled portal (yourcompany.midasboard.com), and configure subscription documents with DocuSign.
We review your offering documents, build your white-labeled portal (yourcompany.midasboard.com), and configure subscription documents with DocuSign.
Step 2 — Send investors to your portal
Step 2 — Send investors to your portal
Share your branded link. Investors complete identity verification, suitability assessments, and accreditation checks through our platform. Each investor is qualified under NI 45-106 before they can subscribe. No paper. No scanning IDs. One session.
Share your branded link. Investors complete identity verification, suitability assessments, and accreditation checks through our platform. Each investor is qualified under NI 45-106 before they can subscribe. No paper. No scanning IDs. One session.
Step 3 — We handle compliance, you track progress
Step 3 — We handle compliance, you track progress
Every subscription verified. Every flagged application handled by our compliance team directly. We handle everything from KYC verification to FINTRAC filing to suitability documentation.
Every subscription verified. Every flagged application handled by our compliance team directly. We handle everything from KYC verification to FINTRAC filing to suitability documentation.
Step 4 — Close and file
Step 4 — Close and file
We handle final filings, trust account reconciliation and/or fund transfer and full audit documentation.
We handle final filings, trust account reconciliation and/or fund transfer and full audit documentation.
Registered. Licensed. Built for alternative fund compliance.
Registered. Licensed. Built for alternative fund compliance.
We built compliance first. Then wrapped technology around it.
Your investors see only your deals. Midasboard is not a marketplace. When an investor logs in to your portal, they see your offerings and nothing else. No competing tiles. No cross-selling. The relationship you built stays yours.
6,000+
Investors onboarded
13
Regulatory bodies
80%
Cost savings
Audit-ready
Trust Account
Secured Data
NI 31-103 Compliant
Built for how you actually raise capital.
Built for how you actually raise capital.
FAQs
Will my investors see other managers' fund offerings on your platform?
No. Your investors land on your white-labeled portal and see only your fund. No competing strategies. No cross-selling. The relationship you built stays yours.
How does your pricing compare to other EMDs?
Traditional EMD distribution fees run 6-9% of capital raised. On a C$50M raise, that's C$3M-$4.5M. We charge C$30K/year for evergreen fund structures, or 2-3% per raise for project-based capital. No warrants. No trailing commissions. No performance bonuses layered on top. The compliance standard is the same. The cost is not.
We're a five-person firm. Is this a realistic solution for us?
That's exactly who we built this for. 73.7% of Canadian hedge fund establishments have fewer than five employees. Building an internal compliance function means a hire at C$80K-$120K, plus the infrastructure around it. Our platform costs C$30K/year and comes with registered dealing representatives who handle every investor interaction. The math works better as outsourced infrastructure than as internal headcount.
Will my investors see other managers' fund offerings on your platform?
No. Your investors land on your white-labeled portal and see only your fund. No competing strategies. No cross-selling. The relationship you built stays yours.
How does your pricing compare to other EMDs?
Traditional EMD distribution fees run 6-9% of capital raised. On a C$50M raise, that's C$3M-$4.5M. We charge C$30K/year for evergreen fund structures, or 2-3% per raise for project-based capital. No warrants. No trailing commissions. No performance bonuses layered on top. The compliance standard is the same. The cost is not.
We're a five-person firm. Is this a realistic solution for us?
That's exactly who we built this for. 73.7% of Canadian hedge fund establishments have fewer than five employees. Building an internal compliance function means a hire at C$80K-$120K, plus the infrastructure around it. Our platform costs C$30K/year and comes with registered dealing representatives who handle every investor interaction. The math works better as outsourced infrastructure than as internal headcount.
What about LP versus trust structures?
We support both. LP structures offer loss flow-through and capital gains treatment on performance fees. Trust structures may qualify for registered plans (RRSPs, TFSAs). Different structures have different tax implications — our platform handles the compliance requirements specific to each. During suitability, we ensure each investor understands the structural terms of your specific fund.
Do you source investors, or just handle compliance?
Compliance. We're the distribution infrastructure — KYC, suitability, exemption qualification, subscription processing, and regulatory filings. You bring the investors. We verify, onboard, and document them. We don't source capital, and we don't make introductions. What we do is ensure every investor interaction meets the standard your registration requires.
What types of fund strategies do you support?
We handle all private instruments except cryptocurrency. Long/short equity, credit, macro, market-neutral, event-driven, multi-strategy, real estate lending funds, private equity — the compliance process is the same. Strategy-specific risk factors are captured in the suitability assessment for each investor.
What about LP versus trust structures?
We support both. LP structures offer loss flow-through and capital gains treatment on performance fees. Trust structures may qualify for registered plans (RRSPs, TFSAs). Different structures have different tax implications — our platform handles the compliance requirements specific to each. During suitability, we ensure each investor understands the structural terms of your specific fund.
Do you source investors, or just handle compliance?
Compliance. We're the distribution infrastructure — KYC, suitability, exemption qualification, subscription processing, and regulatory filings. You bring the investors. We verify, onboard, and document them. We don't source capital, and we don't make introductions. What we do is ensure every investor interaction meets the standard your registration requires.
What types of fund strategies do you support?
We handle all private instruments except cryptocurrency. Long/short equity, credit, macro, market-neutral, event-driven, multi-strategy, real estate lending funds, private equity — the compliance process is the same. Strategy-specific risk factors are captured in the suitability assessment for each investor.
How fast can we get set up?
Typical onboarding: 2-3 weeks. Once live, clean investor applications move through in 1-2 days. If you're raising against a quarter-end deadline or closing a consolidation on a compressed timeline, we can accelerate.
Is this an exclusive arrangement?
No. Non-exclusive. Your IIROC dealer handles institutional distribution. Your prime broker handles introductions. We handle the accredited investor onboarding from your personal network — the investors who don't come through institutional channels. Complementary, not competitive.
How does pricing work?
Evergreen funds: approximately C$30K/year plus a small percentage of ongoing subscriptions. Project-based raises: 2-3% of capital raised, plus a C$5,000 onboarding fee. No upfront due diligence costs. No warrants. No trailing fees. Volume pricing available for managers running multiple fund vehicles.
How fast can we get set up?
Typical onboarding: 2-3 weeks. Once live, clean investor applications move through in 1-2 days. If you're raising against a quarter-end deadline or closing a consolidation on a compressed timeline, we can accelerate.
Is this an exclusive arrangement?
No. Non-exclusive. Your IIROC dealer handles institutional distribution. Your prime broker handles introductions. We handle the accredited investor onboarding from your personal network — the investors who don't come through institutional channels. Complementary, not competitive.
How does pricing work?
Evergreen funds: approximately C$30K/year plus a small percentage of ongoing subscriptions. Project-based raises: 2-3% of capital raised, plus a C$5,000 onboarding fee. No upfront due diligence costs. No warrants. No trailing fees. Volume pricing available for managers running multiple fund vehicles.
Give us 30 minutes. We will show you exactly what your raise looks like on our platform.
Your fund structure, your investor count, your compliance requirements. Whether you're onboarding accredited investors for an evergreen LP, launching a trust-structured fund with RRSP eligibility, consolidating two books, or scaling distribution for a multi-strategy platform — we'll walk through it with your specific fund in mind.
Your fund structure, your investor count, your compliance requirements. Whether you’re onboarding accredited investors for an evergreen LP, launching a trust-structured fund with RRSP eligibility, consolidating two books, or scaling distribution for a multi-strategy platform — we’ll walk through it with your specific fund in mind.
Your fund structure, your investor count, your compliance requirements. Whether you’re onboarding accredited investors for an evergreen LP, launching a trust-structured fund with RRSP eligibility, consolidating two books, or scaling distribution for a multi-strategy platform — we’ll walk through it with your specific fund in mind.
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