New York, NY — Investcorp, a leading global provider and manager of alternative investment products, today announced that it has launched Investcorp iPartners, its new FinTech investment platform that enables its investors to browse, assess and invest in Investcorp’s private equity, real estate and other alternative investment offerings online.
Hazem Ben-Gacem, Co-Chief Executive Officer of Investcorp, said: “Investcorp iPartners marks a continuation of the firm’s global expansion strategy. While we continue to expand our institutional investor base, Investcorp iPartners will solidify the firm’s leading ultra-high-net-worth investor franchise and expand our reach into the sizable, growing and underpenetrated private wealth market globally in partnership with distributor banks. iPartners further enhances our high-touch client servicing approach which continues to be a cornerstone of our business model and corporate culture.”
Investcorp iPartners was developed in collaboration with iCapital Network1, the leading financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries.
Commenting on the partnership with Investcorp, Lawrence Calcano, Chief Executive Officer and Chairman of iCapital Network said: “We are thrilled to be selected to provide the technology to enable Investcorp to provide an efficient and secure platform through which to offer their ultra-high-net-worth investors a broad array of alternative investments including private market direct co-investment opportunities. We look forward to continuing our long-term partnership with Investcorp driven by a shared commitment to delivering smart technology that meets the unique alternative investing demands of a growing global marketplace.”
Investcorp iPartners is led by Abdul Rahim Saad, Head of Global Partnerships at Investcorp, who commented: “Global alternative investment distribution powered by FinTech is underpinned by favorable regulatory, commercial and technological trends: regulators democratizing access to wealth creation opportunities; private investors and distributor banks allocating more capital to alternative investments; and technological advancement enabling asset managers to penetrate this attractive market segment in a more efficient, scalable and user-friendly manner than ever before.”
Investcorp iPartners is now launched in the United States and the GCC, with further international expansion underway.
Investcorp is a global investment manager, specializing in alternative investments across private equity, real estate, credit, absolute return strategies, GP stakes and infrastructure. Since our inception in 1982, we have focused on generating attractive returns for our clients while seeking to create sustainable long-term value for our shareholders and communities as a prudent and responsible investor with a commitment to sound Environmental, Social and Governance (ESG) practices.
We invest a meaningful portion of our own capital in products we offer to our clients, ensuring that our interests are aligned with our stakeholders. We take pride in partnering with our clients to deliver tailored solutions for their needs, utilizing a disciplined investment process, employing world-class talent and combining the resources of a global institution with an innovative, entrepreneurial approach.
Investcorp has today a presence in 12 countries across the US, Europe, GCC and Asia, including India, China and Singapore. As of June 30, 2020, Investcorp Group had US $32.2 billion in total AUM, including assets managed by third party managers, with a diverse group of approximately 450 employees from 44 nationalities globally across its offices. For further information, visit www.investcorp.com and follow us @Investcorp on LinkedIn, Twitter and Instagram.
About iCapital Network
iCapital Network’s mission is to power the world’s alternative investment marketplace. Its financial technology platform has transformed the way alternative investments are bought, sold and managed through tech-based solutions for advisors, their high-net-worth client base, wealth management firms, asset managers, and banks. The firm’s flagship platform offers advisors and their clients access to a curated menu of private equity, private credit, hedge funds, and other alternative investments at lower minimums with a full suite of due diligence, administrative support and reporting in a secure digital environment. Wealth management firms use iCapital’s turnkey technology solutions to provide clients with quality funds and simplified operational workflows in an intuitive digital experience. Asset managers and banks leverage iCapital’s tech-enabled services to streamline and scale their private investments operational infrastructure. iCapital was recognized in the 2018, 2019, and 2020 Forbes FinTech 50 and was named Solutions Provider of the Year in the 2020 MMI/Barron’s Industry Awards. As of December 31, 2020, iCapital Network has more than 340 employees and services more than $68bn in global client assets for more than 125,000 underlying accounts.
For additional information, please visit iCapital Network’s website at icapital.com | LinkedIn: https://www.linkedin.com/company/icapital-network-inc | Twitter: @icapitalnetwork
See disclosures here.