BlackRock has expanded its partnership with fintech iCapital Network and plans a series of fund launches targeting wealth managers.
BlackRock has expanded its partnership with fintech iCapital Network and plans a series of fund launches targeting wealth managers.
iCapital will help BlackRock manage processes such as subscriptions, capital calls and distributions.
BlackRock, which manages $264bn in alternative investments worldwide, will make a range of strategies available to wealth managers across Europe, Middle East and Africa, Asia Pacific and Latin America through the iCapital alternative investment platform, including the firm’s European Long Term Investment Funds.
Read more/Source: City Wire
