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The group will champion an industry-wide initiative to drive the next generation in operational efficiency, security, and convenience. The consortium, which includes leading asset managers, wealth managers, and service providers including Apollo, BlackRock, Blackstone, BNY Mellon, Carlyle, KKR, Morgan Stanley, State Street, UBS, and WestCap, will partner with iCapital to make it easier to acquire and service alternative assets.
“Leadership of this initiative, which brings together many of the most influential market participants to leverage emerging technology, is well aligned with iCapital’s mission,” said Lawrence Calcano, Chairman and CEO of iCapital. “We are completely committed to making investing in and owning alternative investments easier for advisors and their high-net-worth investors.”
