iCapital Network Secures $820 Million in Funding to Revolutionize Alternative Investing

iCapital Network, the powerhouse behind the world’s alternative investment marketplace, has announced an impressive funding round of $820 million, setting the stage for a new chapter of expansion and innovation. This fresh capital injection underscores investor confidence in iCapital’s trailblazing approach to delivering a complete suite of tools, end-to-end enterprise solutions, and advanced data management capabilities. The funding will be strategically deployed to further enhance their innovative operating system, which is already at the forefront of the digital transformation in alternative investing by streamlining the complex process of private market investing. iCapital’s secure, integrated platform not only offers education, transactional support, analytics, and client support, but also automates and optimizes data flows and portfolio management across a global network. With a robust market presence, including the facilitation of $880 billion in global volume activity—of which $220 billion comprises alternative assets—iCapital is trusted by financial advisors, wealth managers, and asset managers to integrate alternative assets, structured investments, and annuities into core portfolio strategies. The infusion of $820 million will further bolster the company’s efforts to innovate and expand its suite of enterprise solutions, reinforcing its status as the leading technology partner for the alternative investment ecosystem. With over 1,750 employees spread across 16 strategic offices worldwide, including major financial hubs such as New York, London, Hong Kong, and Singapore, iCapital is poised to redefine the future of alternative asset management while continuing to earn accolades like CNBC World Top Fintech Companies for 2024 and a consistent spot in the Forbes Fintech 50. This significant funding milestone marks a turning point, empowering iCapital to accelerate its growth and transformation initiatives on a global scale.