Clearstream and iCapital strengthen partnership to facilitate access to alternative investments
Clearstream, the leading global post-trading services provider, is extending its partnership with iCapital®, the global fintech platform, driving the world’s alternative investment marketplace for the wealth management industry. The extended collaboration will significantly increase efficiencies and eliminate the operational challenges of investing in private markets.
Through this alliance, the broad menu of private market investment opportunities from the world’s leading asset managers, available on iCapital Marketplace, will also be accessible via Clearstream Fund Centre and Clearstream Vestima platforms. The partnership is an expansion of the current relationship where €10 billion of iCapital funds are already invested through Clearstream and will make the offering available to the Clearstream Fund Services ecosystem consisting of over 450 distributors, including major wealth managers and private banks, across more than 55 domestic markets worldwide, with customers in over 100 countries.
As a central component of this partnership, Clearstream and iCapital will deepen the integration of their technology to further streamline operational and administrative processes for investing in private markets, resulting in significant efficiency increases to meet the growing private wealth channel’s appetite for private market investments.
In addition to increasing convenience and efficiency when investing in private market funds, the technology partnership also leverages Clearstream Fund Centre’s digital ecosystem and provides seamless connectivity between iCapital Marketplace and Clearstream. Users of iCapital Marketplace will be able to effortlessly integrate into Clearstream custody & distribution services.
Philippe Seyll, Head of Clearstream Fund Services, stated: “By strengthening our partnership with iCapital, we are reinforcing our value proposition to asset managers and distributors, providing them with a dedicated platform to centralise and facilitate safe access across all asset classes – including private market assets. With our ecosystem of scalable, secure, and integrated distribution and processing solutions, we are committed to supporting both ends of the distribution chain with data and services.”
Marco Bizzozero, Head of International at iCapital, highlighted the significance of the extended partnership, stating: "Wealth creation is increasingly occurring beyond the boundaries of public market opportunities commonly available to most investors. We are proud to strengthen our partnership with Clearstream, which will contribute to our mission to power the world’s alternative investment marketplace and enable Wealth Managers to access the growth and diversification opportunities that private markets can offer as alternative investments increasingly become a core component of a balanced portfolio."
About Clearstream Fund Services
Clearstream is the innovative and trusted post-trade business for the global markets. Its segment Clearstream Fund Services delivers solutions for the entire fund ecosystem via its three key business lines:
Vestima as the world’s largest fund processing platform provides order execution, settlement and custody services for more than 230,000 funds, ensuring highest asset safety for over 55 fund markets worldwide.
Fund Centre, one of the leading European fund distribution platforms, connects international asset managers and fund houses with distribution partners, providing access to over 80,000 funds.
Kneip as one of the leading European fund data hubs provides premier fund data management and reporting solutions for the asset management industry.
Clearstream is part of Deutsche Börse Group, an international exchange organisation and provider of innovative market infrastructures.
To learn more, visit us at www.clearstream.com or connect via LinkedIn.
About iCapital
iCapital1 powers the world’s alternative investment marketplace offering a complete suite of tools, end-to-end enterprise solutions, and an innovative operating system. iCapital is the trusted technology partner to independent financial advisors, wealth managers, and asset managers, offering unrivaled access, technology, and education to incorporate alternative assets into the core portfolio strategies for their clients.
At the forefront of the digital transformation in alternative investing, iCapital's secure platform delivers a complete portfolio of management capabilities for education, transactions, data flows, analytics, and client support throughout the investment lifecycle. With $1762 billion in global platform assets, the iCapital operating system automates and streamlines the complex process of private market investing and seamlessly integrates with clients’ existing infrastructure, platform, and tools.
iCapital employs more than 1200 people globally, and has 13 offices worldwide including New York, Greenwich, Zurich, Lisbon, London, Hong Kong, Singapore, Tokyo, and Toronto. iCapital has consistently been recognized for its outstanding innovation, fintech industry leadership, and performance including Forbes Fintech 50 for 2018, 2019, 2020, 2021, 2022, and 2023, and MMI/Barron’s Industry Awards as Solutions Provider of the Year for 2020, 2021, 2022, and 2023.
For more information, visit https://icapital.com | Twitter (X): @icapitalnetwork
LinkedIn: https://www.linkedin.com/company/icapital-network-inc/
1 iCapital, Inc., and its affiliates (together, “iCapital”)
2 As of December 31, 2023