NEW YORK, NY —(BUSINESS WIRE)— iCapital Network, the financial technology platform setting the industry standard for access and efficiency in alternative investing, today announced that it will create a customized technology platform for PIMCO, one of the world’s premier fixed income investment managers, that will give advisors and their high-net-worth clients access to PIMCO’s alternative strategies.

The relationship will enable financial advisors to provide a best-in-class investor experience via enhanced access to PIMCO alternative strategies. iCapital’s technology automates the subscription process, provides transparency into each step of the investing process and seamlessly integrates performance and tax reporting for alternative investments in an end-to-end platform.

“We are excited to partner with iCapital and look forward to leveraging their capabilities as we continue our efforts to democratize alternative investments for qualified investors seeking additional sources of return and diversification in their portfolios,” said Eric Mogelof, PIMCO head of US Global Wealth Management.

“The iCapital team strives to make the alternative investing process as simple for advisors as other investment transactions, and this relationship with PIMCO exemplifies that goal,” said Lawrence Calcano, Chief Executive Officer of iCapital Network. “Alternative investments have historically been difficult to implement for the wealth management community, leaving advisors and investors without access to the benefits they can provide. We are thrilled to continue to scale our services across the asset and wealth management spectrum to make streamlined access to alternatives a reality for advisors.”

About iCapital Network
iCapital Network’s mission is to power the world’s alternative investment marketplace. Its financial technology platform has transformed the way alternative investments are bought and sold through the development of tech-based solutions for advisors, their high-net-worth client base, asset managers and banks. The firm’s flagship platform offers advisors and their clients access to a curated menu of private equity and hedge funds at lower minimums with a full suite of due diligence and administrative support in a secure digital environment. Asset managers and banks leverage iCapital’s tech-enabled services to streamline and scale their private investments operational infrastructure. iCapital was recognized in the 2018 and 2019 Forbes FinTech 50 which highlights the top 50 innovative financial technology companies that are transforming finance through technology. As of September 30, 2019, iCapital services more than $42 billion in invested capital across more than 100,000 underlying accounts.

For additional information, please visit iCapital’s website at www.icapitalnetwork.com | LinkedIn: https://www.linkedin.com/company/icapital-network-inc | Twitter: @icapitalnetwork

For media inquiries, please contact:

Emma Murphy
Tel 718-875-4545
Cell 347-968-6800
icapital@neibartgroup.com

Morgan Miller
718-875-7606
Cell 919-602-2806
icapital@neibartgroup.com


Disclosures:
This material is provided for informational purposes only and is not intended as, and may not be relied on in any manner as legal, tax or investment advice, a recommendation, or as an offer to sell, a solicitation of an offer to purchase or a recommendation of any interest in any fund or security offered by Institutional Capital Network, Inc. or its affiliates (together “iCapital Network” or “iCapital”). Past performance is not indicative of future results. Alternative investments such as those described are complex, speculative investment vehicles and are not suitable for all investors. An investment in an alternative investment entails a high degree of risk and no assurance can be given that any alternative investment fund’s investment objectives will be achieved or that investors will receive a return of their capital. The information contained herein is subject to change and is also incomplete. This industry information and its importance is an opinion only and should not be relied upon as the only important information available. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. Inclusion in the Forbes FinTech 50 list makes no guarantee to future performance and may not be representative of a platform user’s experience. Awards, rankings and/or recognition by unaffiliated rating services and/or publications should not be construed by a client or prospective client as a guarantee that he or she will experience a certain level of results if iCapital Network is engaged, nor should it be construed as a current or past endorsement of iCapital Network by any of its clients. Securities may be offered through iCapital Securities, LLC, a registered broker dealer, member of FINRA and SIPC and subsidiary of iCapital Network.

iCapital and iCapital Network are registered trademarks of Institutional Capital Network, Inc. All rights reserved.