Announced
Financials
Tags
Private
Domestic
Pending
Diversified Financials
Friendly
United States
Acquisition
financial services
Majority
Single Bidder
Synopsis
iCapital Network, the global financial technology platform, agreed to acquire AI Insight, an alternative investment education and compliance platform offering financial advisors investment research, training, qualification, and compliance support for a broad range of alternative investments. Financial terms were not disclosed. "The growing interest in alternative investments and a regulatory environment expanding access to these opportunities are heightening the demand for in-depth and accessible education and compliance support. The acquisition of AI Insight supports our ongoing mission to equip independent advisors with comprehensive education and resources to ensure they are fully versed in the complexities of these funds and how they are best integrated in client portfolios," Lawrence Calcano, iCapital Network Chairman and CEO.
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