Israel-based financial asset manager Altshuler Shaham has joined iCapital’s technology and service solution platforms.
Leveraging iCapital Network’s technology and fund selection capabilities, Altshuler Shaham has launched iFunds, a distribution platform and subsidiary of Altshuler Shaham.
Under the leadership of Moshe Weingarten and Dani Cukierman, iFunds will offer a curated menu of iCapital’s alternative investment funds from premier managers across geographies and strategies — through private market funds and hedge funds — with lower investment minimums than traditional institutional funds, to Israeli banks, broker-dealers and family offices for use in private client portfolios.
“Wealth creation is increasingly taking place outside the public markets as companies stay private longer. This unique partnership offers banks and wealth managers greater access to private markets opportunities to enhance client portfolios,” said Marco Bizzozero, head