PE Tech Report

Wealth

Announcement

HSBC Global Private Banking partners with iCapital Network to enhance alts offering for HNW clients

HSBC Global Private Banking, Americas is partnering with financial technology firm iCapital Network (iCapital) to expand and streamline client access to alternative investments. The partnership is part of Global Private Banking’s initiative to enhance investment management capabilities and expand its product offering for high-net-worth clients.   “Clients looking to diversify

Tiller Investments partners with West Hill Capital

Online wealth manager Tiller Investments has greed a partnership with venture capital firm West Hill Capital. West Hill Capital will now offer access to Tiller’s premium wealth management service to all of its clients via the firm’s distribution network.   Built from the ground up, Tiller’s modular technology design makes

Hemal Mehta, AtomInvest

AtomInvest aims to democratise investment in alternatives

The summer saw the launch of a new investment platform, AtomInvest, which is designed to democratise access to alternative investment funds across private equity, venture capital and hedge funds. Founder and CEO of AtomInvest Hemal Mehta explains that he has a background in financial services and private equity and had

Assetz Capital ISA passes GBP50m mark

Peer-to-peer business lender Assetz Capital has revealed that over GBP50 million has been invested into its Innovative Finance ISA (IFISA) since its launch at the beginning of the year. The popularity of the Assetz Capital ISA has been consistently strong, to the extent that ISA investments now account for over

BlackRock reveals USD20bn of inflows in second quarter

BlackRock’s results for the second quarter of 2018 reveal USD20 billion of total net inflows, positive across active, index and cash management. The figures represent an 11 per cent revenue growth year-over-year driven by base fees, performance fees and technology services revenue and the firm writes that the 16 per

Rob Mirsky, EisnerAmper

Former KPMG global hedge fund head opens London office for EisnerAmper

March this year saw Robert Mirsky, then Global Head of Hedge Funds at KPMG, become Global Head of Asset Management and UK Managing Partner at EisnerAmper. Mirsky was also charged with opening EisnerAmper’s first UK office and now presides over a small but fast-growing team. The firm is better known

Philip Ainsworth, NaviCom

NaviCom to provide entry level access to alternative platform

NaviCom International Investment, a New York and Hong Kong-based provider of wealth management and alternative investment solutions, has extended its technology platform to provide private investors with entry-level access to alternative solutions that are typically reserved for institutions and ultra-high-net-worth investors. While entry-level capital requirements have been reduced to align

InvestCloud buys rplan for USD20m

Global fintech firm InvestCloud Inc has announced the acquisition of London-based rplan Limited for USD20 million. rplan is a provider of client engagement technology in the UK to support bespoke investment propositions for web and mobile. Its client base includes some of the largest institutional asset managers in the world,

Tosca Private Investments buys minority stake in Plurimi wealth manager

Toscafund Asset Management LLP, with USD4 billion in assets, is to acquire what it calls a ‘significant minority stake’ in London-based independent wealth manager Plurimi Wealth, through Tosca Private Investments Fund. This is the first transaction from TPIF which is a new specialist vehicle that will target small/mid-market private equity

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