State Street partners with iCapital Network
State Street has entered into a partnership with fund aggregator iCapital Network.
iCapital connects advisors and their high net worth investors to alternative investment managers through its technology platform.
The partnership is a response to high net worth investors and family offices increasingly wanting access and exposure to alternative asset classes, which were primarily for institutional investors, as a way to diversify their portfolios.
Profile:
Categories: NewsOutsourcingFund administrationTechnologyTech providers
More from The Drawdown
18 April 2024
HNWI hurdling
The UK may have reversed its changes to the HNWI regime but the conversation seems far from over
19 April 2024
RSM appoints new head of private equity
Stuart Clowser succeeds Charlie Jolly who was previously in the role for nine years
18 April 2024
Apex acquires South African ManCo
Acquisition of IP Management Company is continuation of growing Apex’s ManCo offering
18 April 2024
Ocorian launches ESG reporting tool
The SFDR and SDR reporting tool is powered by technology from Treety
17 April 2024
Debevoise appoints funds partner
Goodwin’s Shawn D’Aguiar makes the switch after seven years
16 April 2024
Chronograph launches Chrono AI
The tool will assists LPs with portfolio monitoring and analysis