Pretium Partners has inked a custom technology and distribution agreement with iCapital to grow its presence among private wealth investors.
The $50 billion firm is known for its credit and real estate offerings and recently hired Emily Stecher as managing director and chief operating officer of the business development team.
“We’re excited about our new partnership with iCapital and the range of tech-enabled solutions it will unlock for our private wealth investors and their advisors now and into the future,” said Don Mullen, founder and CEO of Pretium.
iCapital has made inroads serving a growing number of alternative investment managers since its founding in 2013. The firm provides automated subscriptions, investment process transparency and the seamless integration of alternative investment performance and reporting.
“We are thrilled to partner with Pretium to support their priority of providing institutional-style access of alternatives to advisors and their clients,” said Lawrence Calcano, chairman and CEO of iCapital, which has more than $130 billion in assets on its platform.