iCapital Network is a financial technology company with the mission of making high-quality private investments widely accessible to advisors and their qualified clients, while enabling investment managers to access new sources of capital.
The iCapital Flagship Platform allows registered investment advisors, broker-dealers, private bank, family offices and other sophisticated investors access to a curated selection of alternative investments, including private equity, credit, real estate, venture capital and hedge funds along with extensive due diligence support, an automated subscription process and integration with a wide range of custodians and reporting packages.
iCapital’s configurable technology and specialized suite of services is also used by asset managers and financial institutions to streamline and automate their private fund operational infrastructure.
Initially launched as an on-line marketplace for alternative investments that were sourced and diligenced by the iCapital Research and Due Diligence team, the company has grown substantially in the most recent periods through the sale of software and services associated with the white-label offering of its enabling technology and through the acquisition of substantive books of business from Bank of America/Merrill Lynch and Morgan Stanley. Premier clients include BlackRock, Blackstone, Carlyle Group, BNY Mellon, Hightower, United Capital and Dynasty Financial Partners.
As of April 2020, iCapital has approximately $50B in platform assets and 230 employees.