iCapital Network has launched an online marketplace connecting qualified investors with private equity fund managers.
iCapital Network has created a platform that enables qualified investors and their advisors to see over 2,000 private equity funds that are currently raising capital.
Users can search and analyse funds as well as gain access to a subset of funds at low investment minimums through iCapital Private Access Funds.
iCapital’s password-protected, secure platform will be provided free of charge to thousands of qualified investors and advisors, including independent RIA firms, family offices and institutional investors.
iCapital Network provides high net worth investors with access to funds managed by select private equity fund managers through the iCapital Private Access Fund Program at minimums as low as USD100,000. The Private Access Funds offered on the platform will be selected by iCapital’s Private Access Fund Selection Committee, and will enable fund general partners (GPs) to aggregate commitments from high net worth investors in an efficient and cost effective manner.
iCapital has assembled a consortium of private equity fund placement firms to ensure access to a large, diversified group of high quality managers. This consortium, which was initiated by Credit Suisse’s Private Fund Group, now consists of several other leading placement agents including Eaton Partners, Park Hill Group (an affiliate of Blackstone), Evercore’s Private Funds Group, Monument Group and Capstone Partners. The consortium collectively evaluates over 750 private funds each year.
