Global fintech platform iCapital has entered a strategic partnership with MPW Capital Advisors to amplify its growth in the Gulf Cooperation Council (GCC) and accelerate its global expansion.
According to iCapital, the Middle East & Africa (MEA) region presents significant growth potential for alternative investments, with a projected net wealth growth from $19.2 trillion in 2023 to $30.6 trillion in 2028. This makes it one of the fastest-growing regions globally. The GCC is the strongest contributor within MEA to this significant growth.
The partnership with MPW will bring alternative investing opportunities available on iCapital Marketplace to advisers and their high-net-worth clients in the Gulf region. The collaboration offers a diversified menu, which includes private equity, private credit, hedge funds, real estate and infrastructure, to GCC financial advisers at banks, family offices and independent financial institutions.
The MPW partnership will ser
