Companies
/
iCapital Network
Fintech
iCapital is a New York-based fintech platform that provides technology infrastructure letting wealth managers and financial advisors offer their clients access to alternative investments such as private equity and hedge funds.
$5.07B
+$1.01
9.22%
30 days ago
$10.92
Create an account to view live offerings, pricing, and market activity.
Sign in to view offerings and live market activity.
Sign up with Augment to see the latest market activity.
iCapital was founded in 2013 by Lawrence Calcano and other co-founders, based on the observation that alternative investments, including private equity, private credit, hedge funds, and other investment vehicles historically available primarily to large institutional investors and the very wealthiest individuals, had remained largely inaccessible to a much broader population of financial advisors' clients, both because of the operational complexity of subscribing to and administering these investment vehicles, which traditionally involve extensive paperwork and manual processes very different from buying a publicly traded stock or mutual fund, and because minimum investment sizes for many alternative investment funds had historically been set at levels far above what most individual wealth management clients could access. iCapital's platform provides the technology and operational infrastructure that lets wealth management firms, private banks, and financial advisors more easily offer their clients access to alternative investment funds, automating much of the subscription documentation, investor accreditation verification, and ongoing administrative reporting that alternative investments traditionally require, while also aggregating demand from many individual advisors and their clients to meet the minimum investment thresholds that individual alternative investment funds often require, functioning as an intermediary that makes it operationally practical for both alternative investment fund managers and wealth management firms to serve a much broader population of individual investor clients than would be practical through the traditional, manually intensive alternative investment subscription process. The company has built partnerships with major private equity firms, hedge funds, and other alternative investment managers seeking to reach the wealth management channel's client base, as well as with major wealth management firms, private banks, and independent financial advisors seeking to offer their clients access to alternative investments as part of a broader trend toward incorporating more alternative asset classes into individual investor portfolios. iCapital has raised very substantial venture funding from investors including BlackRock, UBS, and Blackstone, reaching a valuation exceeding $7.5 billion.
FOR QUALIFIED INSTITUTIONAL AND ACCREDITED INVESTORS ONLY: Under federal securities laws, private market investments on this platform are available exclusively to Institutional and Accredited Investors. Verification of status required before investing. Private investments involve significant risks including illiquidity, potential loss of principal, and limited disclosure requirements. "Augment" refers to Augment Markets, Inc. and its affiliates. Augment Markets, Inc. is a technology company offering software and data services, not a bank or financial institution. Cash Accounts are provided by Modern Treasury Corp. financial institution partners and through Augment's technology. Augment does not act as a money services business, provide money transmission, or serve as a custodian of funds. Funds held in your Cash Account are not FDIC insured unless expressly disclosed. Full terms available in the Augment Cash Account Agreement. Brokerage services are offered through Augment Capital, LLC, an affiliated broker-dealer and member FINRA/SIPC. "Investment accounts" are not brokerage accounts and do not hold customer funds or securities. Investment advisory services are offered through Augment Advisors, LLC, an SEC-registered investment adviser. Registration with the SEC does not imply a certain level of skill or training. Neither Augment Advisors, LLC nor Augment Capital, LLC provide legal or tax advice; consult your attorney or tax professional regarding your specific situation. For additional information, please refer to Augment Advisors, LLC's Form ADV Part 2A (Firm Brochure) and FINRA BrokerCheck.
| Company | Valuation |
|---|---|
Open Stripe Fintech |
| $201B |
Open Revolut Fintech | $117B |
Open Ramp Fintech | $63.2B |
Open Kalshi Fintech | $37.7B |
Open National Stock Exchange of India Fintech | $64.5B |
Sign up with Augment to see the latest market activity.
