Alt Investments

iCapital, Nuveen Expand Partnership

Editorial Staff, 22 April 2021

articleimage

The platform offers advisors and clients access to a menu of private equity, private credit, hedge funds, and other alternative investments.

Nuveen, the investment manager overseeing more than $1 trillion of assets under management, has expanded its partnership with iCapital Network, the fintech platform focused on alternative assets such as private equity.

iCapital will provide a customized technology service, advisory and distribution solution for advisors and their accredited investor clients seeking access to Nuveen’s real estate and private capital offerings, the New York-based firm said in a statement. 

“We are thrilled to partner with Nuveen to support their priority of providing institutional-style access to alternatives to advisors and their clients,” Lawrence Calcano, chairman and chief executive of iCapital Network, said.

Nuveen has more than $220 billion in alternative assets under management. It is the investment manager of TIAA. In the case of iCapital, its platform offers advisors and clients access to a menu of private equity, private credit, hedge funds, and other alternative investments at lower minimums. As of March 31, 2021, it serviced $73 billion in assets across more than 760 funds.

Register for WealthBriefing today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes