iCapital adds four private markets funds to $93bn platform

iCapital Network has expanded its private investment offerings on its $93 billion investment platform as retail investor demand for alternatives is predicted to rapidly grow.

The four funds added were: AMG Pantheon Fund, BlackRock Private Investments Fund, Carlyle Tactical Private Credit Fund and Hamilton Lane Private Assets Fund. Each fund will be accessible to accredited investors and qualified clients with accessible investment minimums.

The registered funds that provide exposure to private equity, private credit, and private real estate strategies from experienced managers have undergone due diligence by iCapital’s Fund Management & Research team.

The AMG Pantheon Fund is a diversified equity portfolio managed by Pantheon’s global investment team. It offers diversification by manager, stage, vintage year and industry through a single allocation. The BlackRock Private Investments Fund offers accredited investors access to the firm’s global private equity business and includes direct investments and secondaries.

Meanwhile, the Carlyle Tactical Private Credit Fund, leverages Carlyle’s global credit platform and seeks to provide accredited investors with access to a range of private credit strategies capable of delivering income. The Hamilton Lane Private Assets Fund offers clients a diversified private markets portfolio with exposure to private markets diversified by investment type, geography, industry and manager.

The iCapital platform now has 819 funds spanning interval funds, BDCs and REITS. Investment minimums for the fund’s ranges from $25,000 to $50,000.

“A core part of our mission at iCapital is to ensure advisors have access to the right portfolio tools to meet the long-term investment goals of their accredited investor clients,” said Eileen Duff, chief client success officer at iCapital Network. “Registered funds are purpose-built for this market and can help advisors access portfolio diversification and return potential while encouraging investors to think longer term.”

The platform also has the iCapital KKR Private Markets Fund for which the iCapital RF Adviser is the investment adviser and remains a subsidiary of iCapital Network.

iCapital surveyed advisors using its platform and found that an overwhelming majority (80%) expect to increase the number of their accredited investor clients invested in private markets over the next 12-24 months. Almost half (45%) of advisors said they have at least 20% of their accredited investor clients in private markets.  

Nearly 75% of advisors plan to increase allocations to private markets in the next 12-24 months for their accredited investor clients, officials added.

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