Temasek led a $440m funding round in iCapital Network.

Temasek, an investment company, led a $440m funding round in iCapital Network, an online platform that unlatches the world of private equity, enabling institutions, and qualified investors. Other investors include Owl Rock, MSD Partners, Noah Holdings, Golub Capital, WestCap, Ping An Voyager Partners, Blackstone, UBS, Pivot Investment Partners, BNY Mellon, Wells Fargo, Morgan Stanley and Goldman Sachs Asset Management. “iCapital will deploy the proceeds from this fundraising to the direct benefit of our clients. We’re investing in growing our talented team, developing market-leading technology solutions, and providing a comprehensive set of educational tools. As always, we are evaluating the most advantageous acquisition opportunities to broaden our capabilities for wealth managers, asset managers and banks globally," Lawrence Calcano, iCapital Chairman and CEO.