iCapital Network®, the global financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries, and KKR, a global investment firm, have announced that iCapital RF Adviser, a registered investment adviser and subsidiary of iCapital, has been appointed investment adviser of the iCapital KKR Private Markets Fund. The appointment expands the scope of iCapital’s business model to include registered fund management. iCapital Securities, LLC has been appointed the distributor of the Fund.
“Advisers are seeking quality registered fund offerings to meet their investors’ burgeoning appetite for alternative investments, such as private equity, and the important role they play in diversifying a portfolio,” said Lawrence Calcano, chairman and CEO of iCapital Network. “This is a unique opportunity to offer investors access to one of the most respected investment managers in an esta