New York, NY – According to filings with the U.S. Securities and Exchange Commission, Institutional Capital Network dba iCapital is raising $86,781,793.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Lawrence Calcano played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Institutional Capital Network dba iCapital
Founded in 2013 in NYC, iCapital Network is the leading global financial technology company powering the worlds alternative investment marketplace. It has transformed the way the wealth management, banking, and asset management industries facilitate access to private markets investments for their high-net-worth clients by providing intuitive, end-to-end technology and service solutions. Wealth management firms use iCapitals solutions to provide clients with quality funds at lower minimums and simplified digital workflows. Asset managers and banks leverage iCapitals technology to streamline and scale their private investments operational infrastructure. Additionally, the iCapital flagship platform offers financial advisors and their high-net-worth clients access to a curated menu of private equity, private credit, hedge funds, and other alternative investments to help meet their investing needs for return and diversification. iCapitals research and diligence team offers robust analysis alongside the firms extensive suite of advisor education, compliance, portfolio management, and portfolio analytics tools and services. iCapital was recognized on the Forbes FinTech 50 list in 2018, 2019, 2020 and 2021, the Forbes Americas Best Startup Employers in 2021, and MMI/Barrons Industry Awards as Solutions Provider of the Year in 2020. As of August 31, 2021, iCapital services more than $86 billion in global client assets across more than 790 funds. Employing more than 550 people globally, iCapital is headquartered in NYC and has offices in Zurich, London, Lisbon, and Hong Kong.

To learn more about Institutional Capital Network dba iCapital, visit http://www.icapitalnetwork.com/

Contact:
Lawrence Calcano, Chief Executive Officer
212-994-7400
https://www.linkedin.com/in/lawrence-calcano-5b8b9111/

SOURCE: http://www.intelligence360.io
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