iCapital Network announced today that it will acquire the Artivest platform and operation businesses.
Following the close of this transaction in the next 30 to 45 days, New York-based iCapital will service more than $55 billion in client assets across approximately 650 funds, 115,000 underlying accounts, and more than 70 white label partners.
The acquisition will create further operational economies of scale in the offering and servicing of alternative investments and additional benefits for both Artivest and iCapital clients and partners.
Under the terms of the agreement, iCapital will purchase the . . .
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