NEW YORK – The TCW Group, a global asset management firm, and iCapital1, the leading global fintech platform providing access and efficiency in alternative investing for the asset and wealth management industries, today announced a partnership in which iCapital will provide a customized end-to-end technology solution to support TCW’s expansion of its infrastructure to accommodate its growing investor base of high-net-worth investors and advisors.
iCapital’s technology and service offering overcomes many of the long-standing challenges of investing in alternatives by digitalizing the subscription, administration, operational and reporting processes for the life of the investment. iCapital also provides a full suite of research, due diligence and educational materials to advisors and investors to support the growing interest in the opportunities of alternative investments.
“We are excited by the partnership with iCapital, enabling expanded access to TCW’s growing slate of alternative investment products to a broader investor base through the financial intermediary community,” said Alex McCulloch, Head of Retail Marketing at TCW. “We expect TCW’s first offering through the iCapital technology to be in alternative credit, an area in which TCW has long-tenured experience and significant capabilities.”
“This partnership with TCW demonstrates iCapital’s commitment to creating opportunities for wealth advisors and their clients to efficiently access institutional-quality alternative investments,” said Lawrence Calcano, Chairman and Chief Executive Officer of iCapital. “We are thrilled to welcome TCW as our newest partner and look forward to supporting the firm and its expanding roster of wealth management clients as the demand for access to alternatives grows.”
About The TCW Group
TCW is a leading global asset management firm with a broad range of products across fixed income, equities, emerging markets, and alternative investments. With half a century of investment experience, TCW today manages approximately $266 billion in client assets. Through the MetWest Funds and TCW Funds families, TCW manages one of the largest mutual fund complexes in the U.S. TCW’s clients include many of the world’s largest corporate and public pension plans, financial institutions, endowments, and foundations, as well as financial advisors and high net worth individuals. For more information, please visit www.tcw.com.
Founded in 2013 in NYC, iCapital is the leading global fintech company powering the world’s alternative investment marketplace. It has transformed the way 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. Wealth management firms use iCapital’s solutions to provide clients with quality funds at lower minimums and simplified digital workflows. Asset managers, RIAs, and banks leverage iCapital’s technology to streamline and scale their alternative investments operational infrastructure. Additionally, the iCapital ‘flagship’ platform offers wealth advisors and their high-net-worth clients access to a curated menu of private equity, private credit, hedge funds, structured notes, and other alternative investments to help meet their investing needs for return and diversification. iCapital’s research and diligence team offers robust analysis alongside the firm’s extensive suite of advisor education, compliance, portfolio management, and portfolio analytics tools and services. iCapital was recognized on the Forbes FinTech 50 list in 2018, 2019, 2020 and 2021, the Forbes America’s Best Startup Employers in 2021, and MMI/Barron’s Industry Awards as Solutions Provider of the Year in 2020 and 2021. As of January 31, 2022, iCapital services US$112 billion in global client assets, of which more than US$25 billion are from international investors (non-US Domestic), across more than 940 funds. Employing more than 750 people globally, iCapital is headquartered in NYC and has offices worldwide including Zurich, London, Lisbon, Hong Kong, Singapore, and Toronto.
For additional information, please visit the iCapital website at https://icapital.com | LinkedIn: https://www.linkedin.com/company/icapital-network-inc | Twitter: @icapitalnetwork
See disclosures here.
For iCapital media inquiries, please contact:
Emma Murphy / Morgan Miller
347-968-6800 / 919-602-2806
For TCW media inquiries, please contact:
(1) Institutional Capital Network, Inc., and its affiliates (together, “iCapital”)