iCapital has acquired the investment data firm Mirador.
iCapital is an alternative investment marketplace offering a complete suite of tools, reporting more than $180 billion in global platform assets.
Mirador services include advisors serving high-net-worth investors, family offices, endowments, and foundations. The company also provides consolidated financial reporting, private investment support, offline and alternative investment data management, K-1 document management, and compensation management for wealth management firms.
Lawrence Calcano, Chairman and CEO of iCapital, said that Mirador has set the standard for managing data.
“This acquisition further enhances and broadens the service model iCapital delivers through our market-leading alternative investment operating system and allows us to deliver on our goal of creating a reliable end-to-end data management capability for the industry.”
Joseph Larizza, CEO and President of Mirador, said the combination will enable them to offer more for clients of both firms.
Terms of the deal were not immediately available.
