iCapital Network - News, Articles & Research

Alternative investment platform iCapital raises $820m

Alternative investment platform iCapital has raised over $820 million at a valuation of more than $7.5 billion.

10 July 2025

Company announcement/markets

BNY and iCapital form alliance

The Bank of New York Mellon Corporation (“BNY”) (NYSE: BK), a global financial services company, and iCapital the global fintech platform shaping the future of investing, today announced an alliance to deliver an integrated offering through BNY Pershing’s Wove (“Wove”) and BNY’s Alts Bridge platforms.

09 July 2025

Company announcement/markets

ICapital opens exposure to private markets

iCapital, the global fintech platform driving the world’s alternative investment marketplace for the wealth and asset management industries, today announced the launch of a new iCapital Growth Model Portfolio, which enables advisors to easily integrate exposure to private equity investments with traditional public market investments.

21 November 2024

Company announcement/markets

ICapital expands model portfolio suite

ICapital, the global fintech platform driving the world’s alternative investment marketplace for the wealth and asset management industries, today announced the launch of a new iCapital Growth Model Portfolio, which enables advisors to easily integrate exposure to private equity investments with traditional public market investments.

20 November 2024

News/wealth

ICapital preps tech hiring spree

Alternative investment platform iCapital is boosting its technology team with 100 hires in the US and Portugal.

13 January 2023

Company announcement/markets

ICapital to buy US alternative investments feeder fund platform from UBS

ICapital the leading global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries, and UBS (NYSE: UBS) today announced they entered into a definitive agreement whereby iCapital will acquire UBS Fund Advisor LLC, UBS’s legacy proprietary US alternative investment manager and the feeder fund platform it manages.

23 August 2022

Company announcement/wealth

ICapital closes Simon Markets acquisition

iCapital, the leading global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries, today announced it has completed the acquisition of SIMON Markets.

02 August 2022

Company announcement/wealth

Morgan Stanley Investment Management and iCapital extend partnership

Morgan Stanley Investment Management (MSIM) and iCapital[1] today announced an expansion of their US partnership to provide more banks and wealth managers globally with access to a suite of private markets funds managed by MSIM.

18 July 2022

News/wealth

BofA invests in iCapital

Bank of America has built on its partnership with iCapital Network by making a strategic investment in the alternative investment platform.

23 June 2022

Company announcement/wealth

ICapital to acquire Simon Markets

iCapital, the leading global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries, and SIMON Markets, the award-winning fintech company offering a digital platform designed to help financial advisors understand and manage structured investments, annuities, and other risk-managed products, today announced they have entered into a definitive agreement under which iCapital will acquire SIMON.

25 May 2022

News/markets

Wall Street firms back DLT-based system for alternative assets

Wall Street players including BlackRock, Morgan Stanley and State Street are backing a new consortium led by iCapital that will build a distributed ledger-based system for alternative assets.

23 February 2022

Company announcement/wealth

ICapital agrees to buy Axio

iCapital Network, the leading global financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries, and Axio Financial LLC (Axio), a leading end-to-end service provider to the U.S. structured notes market, today announced they have entered into a definitive agreement under which iCapital will acquire Axio.

21 September 2021