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The 2013-founded, New York City-based alternatives investments company has positive cash flow, high growth and the growing support of more giants and RIAs
Brooke s Note: The list of platinum-plated investors in iCapital is almost a spoof of itself because it includes Blackstone, UBS, BNY Mellon, Wells Fargo, Morgan Stanley, Goldman Sachs Asset Management, BlackRock, The Carlyle Group, Credit Suisse, JPMorgan Chase and KKR. It s hard not to wonder how the head of such a venture could manage all those high self-esteem backers. My best answer really comes from my interview with CEO and Chairman Lawrence Calcano. He was game to answer all questions and to answer them forthrightly neither fact-starved nor freighted in rhetoric. He also seems to genuinely enjoy going into some of the duller details. He evinced much the same enthusiasm about education, credentials and research advancements as discussing promising swanky-branded deals
Wealth Management Firm iCapital Plans to Set Up Offices in London, Japan, Singapore in 2021
Fintech firm
iCapital is currently working on its global expansion plans.
Lawrence Calcano, CEO at iCapital, recently talked about the company’s growth plans, the markets they plan to enter, and how newly hired workers and office locations are part of the firm’s long-term business strategy.
As first reported by MSN, the 7-year-old company’s growth strategy shows that the financial management sector is focused on supporting the global transfer of wealth between generations.
New York-based iCapital is a Fintech firm that pairs up institutions with financial advisors for wealthy or high-net-worth-individuals (HNWIs). These investors are interested in alternative investments such as private equity and hedge funds. iCapital has been working on an international expansion strategy so that it can potentially help these investors gain access to a wide range of investments.