This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.
| less than a minute read

iCapital gets $4b valuation in new funding round

New York based alternative asset distribution platform raised $440m in late stage funding led by Owl Rock, MSD Partners, Golub Capital and Noah Holdings at a post-money valuation of $4b.

“The growth of wealth held in the hands of individual investors, and the desire for alternatives in their portfolios—those are significant trends on a global basis that contribute to tailwinds we see in the business,” said Lawrence Calcano, CEO.

Tags

distribution, private equity, alternative assets