Announced
Completed
Financials
Tags
Completed
Friendly
Acquisition
Minority
financial technology platform
FinTech
United States
Private Equity
Cross Border
Venture Capital
Private
Synopsis
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.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.