Press Releases

Financial Advisors and Family Office Professionals to Gain Greater Access to Private Equity Funds for Qualified Clients Through New Strategic Relationship with iCapital Network and Expanded Relationships with CAIS and Goldman Sachs Asset Management

New Platforms Offering Marketplace Loans, Pre-IPO Companies, Real Estate, Private Equity, Hedge Funds, Managed Futures, and other Alternative Investments Join the Millennium Alternative Investment Network™

Hedge fund feeder portfolio expands iCapital’s offering to independent wealth advisors and increases platform assets to more than US$2 billion.

Firm’s proprietary fin-tech platform processed $300 million in private investment commitments for its investor network.

Dynasty Financial Partners, the industry-leading platform of integrated wealth management services and technology for independent advisors, is pleased to announce a partnership with iCapital Network and the launch of the Dynasty Select platform of alternative asset managers.

Over 90 percent of single-family offices allocate 10 percent or more to private equity via funds and direct investment. Allocations to private equity from current and first-time investors are expected to increase in the coming year.

"Michael’s decades of leadership in the converging worlds of institutional and retail investing make him a perfect fit for iCapital as we work to bring more independent RIAs, family offices and institutions onto the platform,” and "Melissa’s established track record of driving new business results, and her insights-driven approach should prove tremendously valuable as we look to educate the advisor community on the unique market opportunity that the iCapital platform can offer their clients.” said Lawrence Calcano, Managing Partner, iCapital Network.

"High net worth investors and their advisors have never had a private equity resource that offers the kind of access and analytical power of the iCapital Network platform," said Ms. Grove. "I am excited to join the iCapital team and begin working to elevate its bold vision of leveraging technology to deliver institutional-quality tools and engage with the high-end of the market."

"iCapital allows us to offer our clients the most innovative suite of services in the market, including the electronic platform advantage,” said Michael G. Ricciardi, Managing Partner and Head of Firm, Mercury Capital Advisors. “We are excited to expose Mercury's premier fund offering to the underserved community of RIAs, family offices and wealth advisors."

“We are excited to further strengthen the iCapital Network platform by integrating another high-value layer of industry intelligence with our work flows to help wealth managers and private investors navigate the world of institutional alternatives,” says Dan Vene, Co-Founder and Managing Partner of iCapital Network. “Dow Jones is among the most trusted sources of news for the investment management community and its high quality content will be of tremendous benefit to our members as they research and invest in private equity and venture funds.”