iCapital, the global fintech platform enabling alternative investing, is pleased to announce a partnership with Boreal Capital Management AG (Zurich) and Boreal Capital Management LLC (Miami), two independent wealth management boutiques under “common ownership and affiliates of MoraBanc Group S.A.”
This collaboration marks a milestone in both firms’ commitment to delivering investment solutions “to private clients, family offices, and institutional investors across Europe and the Americas.”
Boreal Capital Management in Miami has been “leveraging iCapital’s Marketplace since February 2021 to provide clients with access to Cayman-domiciled private credit and private equity funds.”
Building on this, Boreal Capital Management AG (Zurich) recently entered into an agreement with iCapital to “access Luxembourg-domiciled funds on behalf of its existing qualified investor clients in Switzerland, in accordance with applicable Swiss regulatory requirements.”
Through this partnership, Boreal Zurich collaborates with iCapital to expand access to “a range of alternative investments, reinforcing its commitment to offering diversified, high-quality investment opportunities via a transparent, multi-custodian platform to eligible clients.”
Boreal Capital Management operates “through two distinct legal entities: Boreal Capital Management AG in Zurich, Switzerland, and Boreal Capital Management LLC in Miami, United States, collectively managing over USD 3 billion in assets.”
Boreal Capital Management LLC and Boreal Capital Management AG “are two independent wealth management boutiques and separate legal entities under common ownership by Mora Banc Grup S.A. Boreal Capital Management LLC, based in Miami, is a U.S. Registered Investment Adviser (RIA) regulated by the U.S. Securities and Exchange Commission (SEC).”
Boreal Capital Management AG, based in Zurich, “is a Swiss wealth management firm regulated by FINMA, the Swiss Financial Market Supervisory Authority.
Both entities operate independently and “under their respective legal and regulatory frameworks.“.
Founded as part of MoraBanc’s international expansion strategy, Boreal Zurich and Boreal Miami “deliver financial services to private and professional clients, family offices, and institutional investors.
Operating under a multi-custodian model, both entities offer investment solutions within their “respective jurisdictions, with a focus on sustainable wealth preservation and growth.”
Together, they manage over USD 3 billion in assets and “have a team representing more than 15 nationalities and 10 languages, combining global reach with personalized service and specialization.”
As mentioned in the announcement, iCapital is a global firm, :shaping the future of global investing for financial advisors, wealth managers, asset managers, and other industry participants.”
iCapital offers a “range of non-traditional investment products on iCapital Marketplace, Enterprise solutions, and both Technology and Data Services, designed to help drive better outcomes.”
With investment from alternative asset managers and wealth managers globally, iCapital provides “access, data connectivity, education, and research programs to advisors and their clients.”
Leveraging AI and machine learning for digital identity (KYC/AML), iCapital supports “compliant and secure investment lifecycle processes.”
iCapital’s platform manages “the lifecycle of non-traditional investment products, making it easier manage, and integrate alternative assets, structured investments (SI) and annuities into portfolios, driving growth, scale, and efficiency.”
Their solution(s) can be “customized and offers specific modules as needed.”
iCapital reportedly has over “$918.53 billion of global volume activity on platform, including $232 billion in alternatives platform assets, $203 billion in SI and Annuities Outstandings, and $483 billion in Data Solutions Reporting Assets, and serving over 2,975 wealth management firms and 112,000 active financial professionals.”
Headquartered in New York, iCapital operates globally “with 16 offices, including major hubs in Zurich, London, Hong Kong, Singapore, Tokyo, and Toronto, and an industry-leading R&D center in Lisbon.”
No Comment! Be the first one.