- Enhances AMG Affiliates’ access to technology-enabled distribution of alternative investment strategies
- Illustrates AMG’s commitment to investing in the growth of its Affiliates, in areas of current and future client demand
Affiliated Managers Group, Inc., a global asset management company, announced it has entered into a strategic partnership with iCapital Network (“iCapital”), a leading financial technology platform providing innovative solutions for advisors and their clients, asset managers, and banks to access and offer strategies in the alternative investing marketplace. As part of the strategic partnership, AMG made a modest investment in iCapital.
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The investment is part of a broader strategic partnership in which AMG and its Affiliates, leading independent boutique asset management and wealth management firms, will utilize iCapital’s proprietary technology in the administration of private market vehicles and enhance high net worth clients’ access to alternative investment strategies.
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iCapital’s alternative investment platform offers financial advisors and their clients an end-to-end technology solution that fully automates the unique subscription, administration, and reporting processes of alternative investments. In addition, the company enables asset managers to leverage iCapital’s technology-enabled services to streamline and scale the operational infrastructure of their alternative investments and access the multi-trillion-dollar retail marketplace.
AMG remains committed to allocating resources to growth opportunities for its Affiliates, and expects a number of its alternative and wealth management Affiliates to leverage iCapital’s platform over time, joining Pantheon, an existing iCapital client.
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