By McCord Pagan (July 27, 2021, 5:46 PM EDT) -- Fintech platform iCapital, which helps connect financial advisers to alternative investments, said Tuesday it's now valued at $4 billion following its latest funding round that included Temasek, Owl Rock and MSD Partners LP.
ICapital Network Inc. said in a statement that it will use the $440 million raised to further invest in its business, make acquisitions and expand the types of investment options available to its users.
Additional investors in the round included WestCap, Ping An Voyager Partners, Blackstone, UBS and Goldman Sachs Asset Management, according to the statement.
"We are honored to welcome such a renowned group of strategic investors...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!