NEW YORK & ZURICH — iCapital1, the global fintech platform driving access to alternative investments for the wealth management industry, announced the launch of iCapital Marketplace2, the groundbreaking platform connecting wealth managers and advisors with alternative investment opportunities offered by the world’s leading investment providers and asset managers.
Powered by its proprietary and patented technology, iCapital Marketplace delivers an all-digital investment experience that bridges the structural divide that has historically separated asset managers, advisors, and clients from alternative investments.
“The iCapital team is thrilled to introduce iCapital Marketplace, a one-stop shop for wealth managers and advisors to access an even broader array of alternative investment offerings, backed by the technology prowess iCapital is known for,” said Lawrence Calcano, Chairman and CEO of iCapital. “Advisors and clients can benefit from exposure to this asset class, but expanding access requires a comprehensive technology platform that optimizes the process with the right technology, tools, and education.”
iCapital Marketplace allows asset managers – from the world’s largest to emerging ones – to offer funds to the growing global iCapital network of wealth managers and advisors on its platform, and the option to benefit from diligence services supported by iCapital.
With iCapital Marketplace, asset managers may now also choose to fundraise through iCapital Marketplace and manage distribution themselves. These funds will be supported by iCapital’s end-to-end technology platform that streamlines and automates the alternative investing process, from subscriptions and capital calls to reporting.
“The iCapital Marketplace provides a robust suite of capabilities designed to broaden alternatives within client portfolios. We are committed to deliver institutional quality investment solutions and dedicated service to the network of advisors accessing the platform,” said Todd Myers, Blackstone Senior Managing Director & Chief Operating Officer, Private Wealth Solutions.
The platform also features an array of educational tools, such as market insights, webinars, and training modules.
“The wealth of educational content available at iCapital Marketplace gives us a compelling opportunity to broaden our engagement with advisors,” said Robert Collins, Partner and Co-Head of Private Wealth at Partners Group.
Wealth managers accessing iCapital Marketplace have expanded capabilities integrated into the platform to best serve clients interested in alternative investments. Through the iCapital Marketplace, wealth managers can now access a broad menu of private markets investment opportunities across private equity, private debt, real assets, and hedge funds via one single agreement with iCapital, allowing them to build diversified portfolios to meet their clients’ investment objectives. Additionally, filtering options allow advisors to narrow the fund menu to what is most relevant to them.
The platform’s document center and investment dashboard provide a holistic view of client investments throughout the investment lifecycle and simplifies oversight and investment communication to the advisors’ clients. Furthermore, iCapital continues to share education and insights about investment strategies and the broader market.
“iCapital continues to break down historical barriers to alternative investing for wealth managers and their clients globally,” said Marco Bizzozero, Head of International at iCapital. “Investors worldwide are increasingly interested in how private markets can offer enhanced diversification and potentially superior returns for their portfolios, while asset managers seek to diversify their fundraising across the growing wealth management channel. iCapital Marketplace meets their demand with one centralized digital hub for wealth and asset managers.”
Founded in 2013, iCapital is the leading global fintech company powering the world’s alternative investment marketplace. iCapital has transformed how the wealth management, banking, and asset management industries facilitate access to private markets investments for their high-net-worth clients by providing intuitive, end-to-end technology and service solutions; education tools and resources; and robust diligence, compliance, and portfolio analytics capabilities. iCapital’s solutions enable organizations to streamline and scale their operational infrastructure for alternative investments and to provide access to direct investments and feeder funds at lower minimums through simplified digital workflows.
iCapital-managed platforms offer wealth advisors and their clients access to an extensive menu of private investments, including equity, credit, real estate, infrastructure, hedge funds, structured investments, annuities, and risk-managed solutions. iCapital has been recognized on the Forbes Fintech 50 list each year from 2018 to 2023, the Forbes America’s Best Startup Employers in 2021, 2022, and 2023, and MMI/Barron’s Industry Awards as Solutions Provider of the Year in 2020, 2021, and 2022.
As of April 30, 2023, iCapital services over $157 billion in global client assets, of which nearly $30 billion are from international investors (non-US Domestic) across more than 1,270 funds. Employing more than 1,130 people globally, iCapital is headquartered in NYC and has offices worldwide, including in Zurich, London, Lisbon, Hong Kong, Singapore, and Toronto.
For more information, visit icapital.com | Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc
iCapital Media Contacts
T +44 (0) 7503 408 251
T +41 31 311 43 48
The Neibart Group
T +1 919- 602-2806
1. iCapital, Inc., and its affiliates (together, “iCapital”)
2. iCapital Marketplace will formally launch in the U.S. on June 14, 2023, and in various international markets starting from the end of June 2023 onwards (subject to obtaining all required regulatory approvals and consents in each relevant jurisdiction).
The material herein has been provided to you for informational purposes only by iCapital, Inc. (“iCapital”) and Institutional CN (Europe) – Empresa de Investimento, S.A. This material is the property of iCapital and may not be shared without the written permission of iCapital. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission of iCapital.
This material is provided for informational purposes only and is not intended as, and may not be relied on in any manner as legal, tax or investment advice, a recommendation, or as an offer to sell, a solicitation of an offer to purchase or a recommendation of any interest in any fund, investment service or security offered by iCapital. You should consult your personal accounting, tax and legal advisors to understand the implications of any investment specific to your personal financial situation. This material does not intend to address the financial objectives, situation or specific needs of any individual investor. Alternative investments are complex, speculative investment vehicles and are not suitable for all investors.
The information contained herein is an opinion only, as of the date indicated, and should not be relied upon as the only important information available. Any prediction, projection or forecast on the economy, stock market, bond market or the economic trends of the markets is not necessarily indicative of the future or likely performance. The information contained herein is subject to change, incomplete, and may include information and/or data obtained from third party sources that iCapital believes, but does not guarantee, to be accurate. iCapital considers this third-party data reliable, but does not represent that it is accurate, complete and/or up to date, and it should not be relied on as such. iCapital makes no representation as to the accuracy or completeness of this material and accepts no liability for losses arising from the use of the material presented. No representation or warranty is made by iCapital as to the reasonableness or completeness of such forward looking statements or to any other financial information contained herein.
The manner of circulation and distribution of this document may be restricted by law or regulation in certain countries, including the U.S. This document is not directed to, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, including the U.S., where such distribution, publication, availability or use would be contrary to law or regulation or which would subject iCapital to any registration or licensing requirement within such jurisdiction not currently met within such jurisdiction. Persons into whose possession this document may come are required to inform themselves of, and to observe, such restrictions. It is the responsibility of the recipient of this document to comply with all relevant laws and regulations.
Alternative investment products and services may be offered through iCapital Securities, LLC or Institutional CN (Europe) – Empresa de Investimento, S.A Structured investment products and services may be offered through Axio Financial LLC and/or SIMON Markets LLC. iCapital Securities LLC, Axio Financial LLC, and SIMON Markets LLC are each a registered broker/dealer, member FINRA and SIPC, and an affiliate of Institutional Capital Network, Inc. (“iCapital”). Alaia Capital LLC, an investment adviser registered with the U.S. Securities and Exchange Commission (“SEC”), acts as a portfolio consultant to m+ funds and is an affiliate of iCapital. Outcome Driven Strategies, LLC and Cornerstone Advisory, each an investment adviser registered with the SEC, provide investment advisory services for the structured investment separately managed accounts described herein. Outcome Driven Strategies, LLC is jointly owned by Axio Advisors LLC and Cornerstone Advisory (not affiliated with iCapital).
© 2023 iCapital, Inc. All Rights Reserved.