iCapital, the global fintech platform driving access to alternative investments for the wealth management industry, announced the launch of iCapital Marketplace, a one-stop-shop connecting wealth managers and advisors “with a broad menu of alternative investment opportunities across private equity, private debt, infrastructure, real assets and hedge funds, offered by the world’s leading alternative asset managers, in Hong Kong and Singapore.”
Powered by the firm’s proprietary technology, iCapital Marketplace delivers a scalable, all-digital investment experience “that eliminates many of the historical complexities – such as a lack of institutional-quality investment opportunities available to the wealth management channel, a manual and paper-based subscription process, cumbersome client support throughout the investment lifecycle, and limited availability of advisor education – that have previously separated asset managers, advisors, and clients when investing in alternative investments.”
Marco Bizzozero, Head of International at iCapital said:
“Introducing iCapital Marketplace in Hong Kong and Singapore as a one-stop-shop for wealth managers and advisors to access a broad selection of alternative investment offerings is a key milestone in our expansion in APAC. Investors in Asia and the rest of the world are increasingly interested in how private markets can offer enhanced diversification and potentially superior returns for their portfolios, while asset managers seek to diversify their fundraising across the growing wealth management channel. At the forefront of digital transformation in alternative investing, iCapital Marketplace meets their demand with one centralized digital hub for wealth and asset managers.”
With iCapital Marketplace, alternative asset managers “can efficiently expand their distribution strategy and fundraise from the growing wealth management channel via one single access point.”
By offering their funds on iCapital Marketplace, they gain “access to iCapital’s global network of wealth managers and advisors on the platform, as well as the option to benefit from diligence services supported by iCapital.”
Wealth managers, on the other hand, “can now leverage a broad menu of private markets investment opportunities available via one single agreement with iCapital, allowing them to build diversified portfolios to meet their clients’ investment objectives.”
The platform also features an array of research and educational tools, “such as due diligence reports, market insights, webinars, and training modules.”
Edwin Chan, Head of Asia and Head of Client Solutions APAC at iCapital said:
“iCapital continues to break down historical barriers to alternative investing for wealth managers and their clients. Wealth managers in Asia are increasingly adopting private markets as a key strategic component of a private client’s portfolio to better meet investors’ demand for diversification and potentially enhanced returns. In addition to offering a wide range of alternative investment opportunities, iCapital Marketplace provides wealth managers and their advisors with unparalleled education and research capabilities to support well-informed decision-making.”
Through iCapital Marketplace, funds across numerous strategies and jurisdictions from leading global alternative asset managers “will be made available to the wealth management community in Hong Kong and Singapore.”
