Until now, alternative investments have primarily been the domain of institutional investors such as pension funds, endowments, and insurance companies. Many advisors and investors have had limited or, in many cases, no ability to access top managers of private funds.
Even when they gain access, basic due diligence and high minimum investment thresholds can still be obstacles. At the same time, most private fund managers have had no efficient way to source and aggregate commitments from the retail market.
iCapital provides advisors and clients with access to private equity and hedge fund managers and allows them to invest as little as $100,000 in funds that typically have multi-million dollar minimums. Using state-of-the-art, secure technology, platform users can review fund presentations, analyze track record and other information, compare a manager’s performance against relevant benchmarks, review offering documents and invest online through the platform.
For alternative asset managers, iCapital offers a turn-key solution to aggregate tens of millions of dollars from qualified investors through a single source.