Publications

Other - JULY 28, 2021

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

iCapital raises $440m in latest funding round

by Released

Financial technology firm iCapital Network has raised $440 million in its latest funding.

Temasek led the fundraising round, joined by new investors Owl Rock, MSD Partners, Noah Holdings and Golub Capital. Additional commitments came from existing investors WestCap, Ping An Voyager Partners, Blackstone, UBS, Pivot Investment Partners, BNY Mellon, Wells Fargo, Morgan Stanley and Goldman Sachs Asset Management.

The company will use the proceeds from the capital raise for its platform technology, expand strategies and product types on its alternative investment menu, and pursue strategic acquisitions that will broaden its client capabilities.

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.