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NEW YORK, NYiCapital Network1, the leading global financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries, announced today it has been honored as the winner in the 2021 MMI/Barron’s Industry Awards in two categories: Solutions Provider of the Year and Thought Leadership/Education.

The MMI/Barron’s Industry Awards highlights firms in 12 categories overall that exemplify innovation and leadership in the investment advisory solutions industry.

“Being recognized by MMI, Barron’s, and our peers for the second year – and in two categories – is an honor. Wealth managers are seeing a growing appetite for alternatives from clients, and we are proud to provide comprehensive award-winning solutions for the industry to meet the demand thoughtfully and efficiently,” said Lawrence Calcano, Chairman and Chief Executive Officer of iCapital Network. “On behalf of the entire iCapital team, I would like to thank MMI/Barron’s and all of our fellow nominees who are playing an important role in developing innovative initiatives to advance the wealth management industry.”

Solutions Provider of the Year

iCapital secured top honors for the second consecutive year as Solutions Provider of the Year for exemplifying “innovation in delivering better outcomes for investors and financial advisors.”

The iCapital platform offers a seamless, digitally enabled, end-to-end alternative investing experience. Leading wealth management firms, family offices, private banks, asset managers, transfer agents, administrators, and custodians integrate iCapital’s technology infrastructure, creating an intuitive investment experience for the wealth management industry and the HNW clients it serves. Additionally, the firm’s customized digital solutions offer asset managers, banks, and wealth management firms the opportunity to leverage iCapital’s technology and services to scale and reach new sources of capital.

Thought Leadership/Education

iCapital also won top honors in the Thought Leadership and Education category for AltsEdgeTM, an alternative investing education program for wealth advisors developed by iCapital and CAIA Association.

Launched in February 2021, AltsEdge offers financial advisors research-based modules to prepare advisors to optimize the use of alternatives in client portfolios. The AltsEdge program consists of ten guided modules covering an overview of the private markets, various types of strategies and product structures, hedge funds, registered funds, and portfolio construction. The modules, which progress the advisor from foundational knowledge through the practical considerations in employing alternatives, are hosted on a learning management system that includes in-program learning assessments and the opportunity for continuing education (CE) credits. The program has been adopted by many of iCapital global distribution clients and has been highly effective as a foundational resource to build alternatives expertise among their advisor bases.

“This recognition is a testament to our mission at iCapital. Our incredible team and partners work relentlessly to ensure that the solutions and education we offer meet the needs of advisors and their clients,” said Dan Vene, Co-Founder and Head of Client Solutions at iCapital Network. “We are extremely appreciative of the acknowledgment of the value we bring the market.”

The winners were announced at the 2021 MMI Annual Conference on November 11. Finalists were reviewed by the specially appointed MMI Industry Awards Steering Council and by the MMI Membership Experience Committee (MEC). Nominees were evaluated based on their “innovative, needle-moving programs and initiatives that measurably advance the investment advisory solutions industry and deliver improved outcomes for financial advisors and investors.” Award winners in each category were determined by a vote of MMI member firms.

About the MMI/Barron’s Industry Awards Program:

Nominations were reviewed and evaluated by a specially appointed MMI Industry Awards Steering Council and the MMI Membership Experience Committee (MEC). The council and committee members represent all segments of the MMI membership—asset managers, wealth managers and solutions providers. The Steering Council and MEC reviewed the nominations based on:

  • Level of innovation and forward-thinking
  • Potential to effect noticeable change in the investment advisory industry
  • Advancement of existing investment advisory practices and protocols
  • Potential to deliver improved outcomes for financial advisors and investors

After carefully reviewing the nominations submitted, the Steering Council and MEC determined a slate of finalists in each award category. The primary contacts at each of MMI’s 182 members firms were eligible to vote to determine the winners in each category.

About Money Management Institute (MMI)

Established in 1997, the Money Management Institute (MMI) is the industry association representing financial services firms that provide financial advice and investment advisory solutions to investors. MMI is driven by our promise of increasing connections, knowledge, and growth for our members. We are dedicated to fostering professional relationships, sharing experiences, and expanding the industry’s influence through advocacy and education. MMI offers premier professional development programs, specialized curriculums, and facilitates peer-to-peer connections through our communities and conferences. As part of our longstanding commitment to diversity and inclusion, the Gateway Foundation provides clear pathways to entry and career advancement in the financial services industry for historically excluded and underrepresented groups. MMI member firms include wealth manager, asset manager and solutions provider firms of all sizes and professionals representing all functional areas.

About iCapital Network

Founded in 2013 in NYC, iCapital Network is the leading global financial technology company powering the world’s 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 iCapital’s solutions to provide clients with quality funds at lower minimums and simplified digital workflows. Asset managers and banks leverage iCapital’s 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. iCapital’s research and diligence team offers robust analysis alongside the firm’s 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 America’s Best Startup Employers in 2021, and MMI/Barron’s Industry Awards as Solutions Provider of the Year in 2020. As of September 30, 2021, iCapital services more than $93 billion in global client assets across more than 819 funds. Employing more than 555 people globally, iCapital is headquartered in NYC and has offices in Zurich, London, Lisbon, Hong Kong and Singapore.

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

See disclosures here.

For iCapital Network Media Inquiries
Emma Murphy / Morgan Miller
[email protected]
Cell: +1 347-968-6800 / Cell: +1 919-602-2806


(1) Institutional Capital Network, Inc. and its affiliates (together, “iCapital Network” or “iCapital”)