Alternative investments platform provider iCapital Network developed a customized technology platform for independent financial services company, Rockefeller Capital Management, according to an announcement. The move is part of a partnership with Rockefeller, a firm serving ultra-high-net-worth families and institutional clients.
Rockefeller will have access to private equity, hedge funds, real estate and private credit strategies on the newly built platform, which will also support related tasks like administration, document management and reporting. The purpose-built solution will free up professionals at Rockefeller to spend more time with clients, according to Lawrence Calcano, CEO of iCapital.
Access to alternative products and other complex investments has been expanding as of late.