NEW YORK, NY — The Money Management Institute (MMI) announced today that Lawrence Calcano, Chairman and CEO of iCapital®1, has been awarded its prestigious Industry Leadership Award. The official recognition will take place during the 2024 MMI Annual Conference on October 15 in Charlotte, NC.
“Lawrence exemplifies the forward-thinking and dedication that defines true leadership and was the natural candidate for this year’s award,” said Craig Pfeiffer, MMI President and CEO. “His visionary leadership at iCapital has been instrumental in transforming the company into a leading global fintech platform. With a dedication to innovation and excellence, he has not only driven significant growth for the company but also set new industry standards and developed better tools aimed at simplifying access, education, and management of assets within the alternative investment ecosystem. Under his guidance, iCapital continues to thrive, empowering the asset management and wealth financial advisory business to achieve their financial goals with unparalleled expertise and commitment.”
This recognition, previously known as the Pioneer Award, honors individuals who inspire those around them to reach new heights. Lawrence was nominated and voted on by the MMI Board of Governors, recognizing him for his visionary leadership and inspiring accomplishments across the financial services industry.
Lawrence’s leadership has helped iCapital become a leading global fintech platform driving access to alternative investments for the wealth management industry, and has achieved remarkable growth, with nearly $200 billion in global assets under management in over 1600 funds for over 600 asset managers. As part of iCapital’s ongoing commitment to innovation and transformation, Lawrence spearheaded several groundbreaking initiatives in the past 18 months – including the launch of iCapital’s Global Marketplace, Architect portfolio construction tool, Model Portfolios (iMap), a Distributed Ledger offerings, and the acquisition of Mirador. These efforts streamline alternative investing and equip advisors with advanced tools to craft robust, bespoke client portfolios that show the importance of incorporating alternatives and structured products into their portfolio diversification strategies for their clients.
The iCapital team has also expanded on its commitment to providing a robust education library which is paramount to better understanding the complexities, risks and opportunities of these investments, further strengthening iCapital’s market influence in the industry.
“I am incredibly honored to receive this recognition from MMI,” said Lawrence Calcano, Chairman and CEO of iCapital. “This award reflects the hard work and dedication of the entire team at iCapital. As we navigate the evolving private markets landscape, our team is committed to leveraging our technology to help drive the transformative change and delivering value to our clients, partners, and the broader industry. There is no greater privilege than to stand alongside past recipients of the MMI Industry Leadership Award who share MMI’s mission to foster and enhance the connections, knowledge, and growth of the wealth and asset management industries.”
Lawrence has been recognized with numerous prestigious awards throughout his career: he was listed on The Wall Street Journal’s 2024 CEO Council list of the World’s Most Influential Decision Makers. He was named to the Forbes Midas List of the most influential people in venture capital in 2001, 2002, 2004, 2005, and 2006. CNBC included iCapital in its World’s Top 250 Companies in 2024. Additionally, iCapital has been named the Solutions Provider of the Year at the MMI/Barron’s Industry Awards for four consecutive years (2020, 2021, 2022, and 2023) and recognized on Forbes Top Fintech 50 Companies for seven consecutive years (2018, 2019, 2020, 2021, 2022, 2023 and 2024).
About the Money Management Institute (MMI): Established in 1997, the Money Management Institute (MMI) is the industry association representing financial services firms that provide financial advice and investment advisory solutions to investors. Through conferences, educational resources, and thought leadership, MMI facilitates peer-to-peer connections, fosters industry knowledge and professionalism, and supports the development of the next generation of industry leadership. MMI member firms are dedicated to helping individual and institutional investors, at every level of assets, plan for and fulfill their financial goals. For more information, visit www.MMInst.org.
Contacts:
Kelly Caporale, Money Management Institute, [email protected], (646) 868-8514
1. iCapital, Inc. and its affiliates (together, “iCapital”)
