What is iCapital Network?
iCapital Network is a global fintech platform dedicated to simplifying access to alternative investments. The company provides digital infrastructure, fund administration, and portfolio analytics, partnering with leading asset managers and financial institutions. Its offerings span private equity, private credit, hedge funds, and structured products, catering to a sophisticated clientele seeking to diversify their portfolios with less liquid asset classes. The company's focus on streamlining complex investment processes positions it as a key player in the evolving landscape of alternative investment accessibility.
How much funding has iCapital Network raised?
iCapital Network has raised a total of $673.9M across 6 funding rounds:
Private Equity
$9.3M
Series B
$12.6M
Other Financing Round
$146M
Series A
$16M
Unspecified
$440M
Unspecified
$50M
Private Equity (2014): $9.3M with participation from Park Hill Group, Eaton Partners, Monument Group, Pivot Investment Partners, Capstone Partners, and Gen II Fund Services
Series B (2017): $12.6M led by Pivot Investment Partners, BNY Mellon, Blackrock, Morgan Stanley, and Credit Suisse
Other Financing Round (2020): $146M supported by BNY Mellon, Goldman Sachs, Blackstone, BlackRock, Hamilton Lane, WestCap, Ping An Global Voyager Fund, UBS Financial Services, and Affiliated Managers Group
Series A (2020): $16M, investors not publicly disclosed
Unspecified (2021): $440M backed by WestCap Group, Blackstone, Noah Holdings, Wells Fargo, BNY Mellon, UBS, Golub Capital, Morgan Stanley, Pivot Investment Partners, Goldman Sachs, Temasek, MSD Capital, and Ping An Voyager Partners
Unspecified (2021): $50M with participation from Apollo Global Management, WestCap Group, and Temasek
Key Investors in iCapital Network
WestCap Group
WestCap Group is a private investment firm that operates within the financial services industry, focusing on strategic investments and operational enhancements for its portfolio companies.
Blackstone
Blackstone is a global investment firm renowned for its diversified asset portfolios across private equity, real estate, credit, and strategic alternatives, aiming to create long-term value through disciplined strategies.
BNY Mellon
The Bank of New York Mellon Corporation is a leading financial services company offering a wide array of products and services including custody, investment management, and wealth management solutions for institutional and individual clients.
What's next for iCapital Network?
With its recent major enterprise-level funding, iCapital Network is poised for continued expansion and innovation. The substantial capital infusion is expected to fuel further development of its digital infrastructure, enhance its fund administration capabilities, and broaden its market reach. Strategic investments in technology and partnerships will likely be prioritized to solidify its leadership in providing digital access to alternative investments, potentially exploring new asset classes or deepening its analytics offerings to better serve its institutional and high-net-worth client base.
See full iCapital Network company page
