MANAMA: Investcorp has launched a new fintech platform offering its investors access to private equity, real estate and other alternative investment offerings online.
The Bahrain-based firm said Investcorp iPartners was developed in collaboration with iCapital Network, a financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries.
Investcorp co-chief executive Hazem Ben-Gacem said: “While we continue to expand our institutional investor base, Investcorp iPartners will solidify the firm’s leading ultra-high-net-worth investor franchise and expand our reach into the sizable, growing and underpenetrated private wealth market globally in partnership with distributor banks. iPartners further enhances our high-touch client servicing approach which continues to be a cornerstone of our business model and corporate culture.”
Commenting on the partnership, iCapital Network chairman and chief executive Lawrence Calcano said: “We are thrilled to be selected to provide the technology to enable Investcorp to provide an efficient and secure platform through which to offer their ultra-high-net-worth investors a broad array of alternative investments including private market direct co-investment opportunities.”
Investcorp iPartners has been launched in the United States and the GCC, with further international expansion underway.
The fintech platform is led by Abdul Rahim Saad, head of global partnerships at Investcorp, who said, “Global alternative investment distribution powered by fintech is underpinned by favourable regulatory, commercial and technological trends.”
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