Hong Kong, Zurich — J.P. Morgan Asset Management (JPMAM), a leading global asset manager with US$213 billion in alternative assets under management globally, and iCapital1, the global fintech platform driving the world’s alternative investment marketplace for the wealth management industry, today announced a partnership to open up access for APAC wealth managers and their clients to JPMAM’s private market investment capabilities, covering asset classes including private equity, infrastructure, transportation and real estate.
Today’s announcement builds on a long-standing relationship between the two companies. J.P. Morgan became a strategic investor in iCapital in 2018 and the two companies initiated their first distribution partnership in Australia in 2023 to expand alternative solutions to wholesale investors in Australia.
Through this latest APAC regional collaboration, iCapital will provide its leading technology platform to facilitate the distribution of JPMAM’s select global alternative strategies, enabling APAC private wealth investors to explore a broader range of private market investment opportunities.
“The partnership with iCapital signifies our commitment to alternative democratization for private wealth investors. At a time of unprecedented benefits and demand for alternative investments, we see significant growth opportunities in private wealth alternatives and believe the democratization of private markets remains a key growth driver for the industry over the coming years,’ said Gary Leung, Head of Alternatives for Asia Pacific clients, JPMAM. “We look forward to enhancing our relationship with iCapital to further streamline access to private market investing opportunities.”
“The iCapital and J.P. Morgan Asset Management teams have a common goal to allow a broader range of wealth managers to access high-quality private markets investing opportunities that can help clients meet portfolio objectives,” said Marco Bizzozero, Head of International, iCapital. “With wealth managers increasingly looking to private markets as a way to help their clients improve their financial outcomes, we are delighted to deepen our partnership with J.P. Morgan Asset Management to deliver a comprehensive menu of alternative investments to clients in the APAC region.”
For further information please contact:
| Kathleen Wang, Head of APAC Media Relations, JPMAM Telephone: +852 2800 2776 Email: [email protected] |
iCapital Media Relations Telephone: +852 5225 7820 Email: [email protected] |
About J.P. Morgan Asset Management
J.P. Morgan Global Alternatives is the alternative investment arm of J.P. Morgan Asset Management. With more than 60 years as an alternatives investment manager, US$213 billion in assets under management and more than 800 professionals (as of December 31, 2023), J.P. Morgan offers strategies across the alternative investment spectrum including real estate, private equity, private credit, hedge funds, infrastructure, transportation, timber and liquid alternatives. Operating from offices throughout the Americas, Europe and Asia Pacific, our independent alternative investment engines combine specialist knowledge and singular focus with the global reach, vast resources and powerful infrastructure of J.P. Morgan to help meet each client’s specific objectives.
J.P. Morgan Asset Management, with assets under management of US$3.1 trillion (as of December 31, 2023), is a global leader in investment management. J.P. Morgan Asset Management’s clients include institutions, retail investors and high net worth individuals in every major market throughout the world. J.P. Morgan Asset Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity. For more information: www.jpmorganassetmanagement.com. J.P. Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase & Co., and its affiliates worldwide.
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorgan Chase had US$3.9 trillion in assets and US$328 billion in stockholders’ equity as of December 31, 2023. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
About iCapital
iCapital powers the world’s alternative investment marketplace offering a complete suite of tools, end-to-end enterprise solutions, and an innovative operating system. iCapital is the trusted technology partner to independent financial advisors, wealth managers, and asset managers, offering unrivaled access, technology, and education to incorporate alternative assets into the core portfolio strategies for their clients.
At the forefront of the digital transformation in alternative investing, iCapital’s secure platform delivers a complete portfolio of management capabilities for education, transactions, data flows, analytics, and client support throughout the investment lifecycle. With $1792 billion in global platform assets, the iCapital operating system automates and streamlines the complex process of private market investing and seamlessly integrates with clients’ existing infrastructure platform and tools.
iCapital employs more than 1200 people globally, and has 13 offices worldwide including New York, Greenwich, Zurich, Lisbon, London, Hong Kong, Singapore, Tokyo, and Toronto. iCapital has consistently been recognized for its outstanding innovation, fintech industry leadership, and performance including Forbes Fintech 50 for 2018, 2019, 2020, 2021, 2022, 2023, and 2024 and MMI/Barron’s Industry Awards as Solutions Provider of the Year for 2020, 2021, 2022, and 2023.
For more information, visit https://icapital.com | Twitter (X): @icapitalnetwork |
LinkedIn: https://www.linkedin.com/company/icapital-network-inc/
1. iCapital, Inc. together with its affiliates, "iCapital"
2. As of January 31, 2024
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