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MELBOURNE, HONG KONG, ZURICH & NEW YORK Netwealth, one of Australia’s leading specialist investment platforms, and iCapital1, the global fintech platform driving access to alternative investments for the wealth management industry, announced a strategic partnership to distribute global private market and hedge fund investments to financial advice firms and their wholesale clients* across Australia.

Headquartered in NYC and servicing over USD $166 billion in client assets globally, iCapital has transformed access to private markets investments via investing opportunities in direct investments and feeder funds. iCapital offers an extensive menu of private investments, including equity, credit, real estate, infrastructure and hedge funds. It automates the subscription, administration, operational and reporting processes for the life of the investment and also provides a full suite of research, due diligence and educational materials to advisors and investors.

“We are pleased to partner with iCapital to provide a unique private market offering to Australian investors. It highlights our commitment to expanding access to a wide range of diverse investment opportunities for advisers and their clients,” said Matt Heine, Chief Executive Officer & Managing Director at Netwealth. “In launching our partnership with iCapital, we are helping to meet growing appetite from high-net-worth investors for private market and hedge fund strategies, and further helping them achieve desired portfolio outcomes.”

Netwealth sees continued demand for private market and hedge fund investments in Australia alongside a desire for comprehensive educational support. As part of the strategic partnership, Netwealth will serve initially as iCapital’s exclusive Australian distribution partner for iCapital sponsored funds relying on Netwealth’s strong network of product specialists who will work closely with financial advisers. iCapital will also provide Netwealth with product support through its in-house research and diligence team, and a bespoke suite of educational tools.

“Today marks another important milestone in our global expansion, and we are delighted to partner with Netwealth, a leader in the space, to provide Australian Wealth Managers and their clients with institutional-quality private market investment opportunities,” said Marco Bizzozero, Head of International at iCapital. “Wealth creation is increasingly taking place outside the public markets. This strategic partnership represents our commitment to provide Wealth Managers with relevant investment solutions, expertise, and education to help them achieve their clients’ investment objectives.”

Netwealth will be able to provide access to wholesale managed funds through Netwealth’s Wealth Accelerator Multi Asset Portfolio service, and advisers will also be able to access private market investments that include limited partnerships and non-Australian domiciled funds from some of the most sought after managers from the iCapital menu.

About Netwealth

Netwealth is a financial services company listed on the Australian Stock Exchange (ASX: NWL). Netwealth was created with an entrepreneurial spirit to challenge the conventions of Australia’s financial services. We are a technology company, a superannuation fund trustee and an administration business. Above all we exist to inspire people to see wealth differently and discover a brighter future. Founded in 1999, Netwealth is one of the fastest growing wealth management businesses in Australia. We are rated No.1 by our adviser clients for providing exceptional service.**

Our financial products are:

  • superannuation including accumulation and retirement income products;
  • investor directed multi-asset portfolio services for self-managed super and non-super investments;
  • managed accounts; and
  • managed funds.

Netwealth’s digital platform supports how our financial products are delivered to market.  For instance, via the platform, financial intermediaries and clients can invest and manage a wide array of domestic and international products.  The platform is built, developed and maintained by Netwealth’s technology team. It is continuously enhanced using feedback from financial intermediaries, clients and other users and receives wide industry recognition as having market-leading functionality. Supporting our financial products and technology platform is a significant investment in our people and resources to administer support, risk and governance and our custodial services.

* “Wholesale Clients” as defined in the Corporations Act 2001 (Cth) in Australia
**Investment Trends June 2023 Adviser Technology Needs Report

About iCapital

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 high-net-worth 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 2022, 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, 2022 and 2023.

As of August 31, 2023, iCapital services over USD$166 billion in global client assets, of which about USD$28 billion are from international investors (non-US Domestic) across more than 1,300 funds. Employing more than 1,200 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 | Twitter (X): @icapitalnetwork  | LinkedIn:

Netwealth Media Contacts iCapital Media Contacts
Andrew Braun, General Manager
Marketing, Netwealth
[email protected]
North America
Morgan Miller
[email protected]
+1 919- 602-2806

1. Institutional Capital Network, Inc., and its affiliates (together, “iCapital”).

Netwealth Investments Limited (Netwealth) (ABN 85 090 569 109, AFS Licence No. 230975) is a provider of investment products and services, and information contained within this is of a general nature which does not take into account yours or your client’s individual objectives, financial situation or needs. Any person considering a financial product or service from Netwealth (or its related parties) should obtain the relevant disclosure document at and consider consulting a financial adviser before making a decision and before deciding whether to acquire, dispose of, or to continue to hold, an investment in any Netwealth (including its related parties) product.

This information has been prepared by Netwealth. Whilst reasonable care has been taken in the preparation of this presentation using sources believed to be reliable and accurate, to the maximum extent permitted by law, Netwealth and its related parties, employees and directors are not responsible for, and will not accept liability in connection with any loss or damage suffered by any person arising from reliance on this information.


The material herein has been provided to you for informational purposes only by iCapital, Inc. (“iCapital”). 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 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. 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).

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