26 Jan 2021
Investcorp today announced that it has launched Investcorp iPartners, its new FinTech investment platform that enables its investors to browse, assess and invest in Investcorp’s private equity, real estate and other alternative investment offerings online. Investcorp iPartners platform in the GCC is operated by Investcorp’s regulated subsidiary, namely Investcorp Financial Services.
Hazem Ben-Gacem, Co-Chief Executive Officer of Investcorp, said: “Investcorp iPartners marks a continuation of the firm’s global expansion strategy. 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.”
Investcorp iPartners was developed in collaboration with iCapital Network, the leading financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries.
Commenting on the partnership with Investcorp, Lawrence Calcano, Chief Executive Officer and Chairman of iCapital Network 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. We look forward to continuing our long-term partnership with Investcorp driven by a shared commitment to delivering smart technology that meets the unique alternative investing demands of a growing global marketplace.”
Investcorp iPartners is led by Abdul Rahim Saad, Head of Global Partnerships at Investcorp, who commented: “Global alternative investment distribution powered by FinTech is underpinned by favorable regulatory, commercial and technological trends: regulators democratizing access to wealth creation opportunities; private investors and distributor banks allocating more capital to alternative investments; and technological advancement enabling asset managers to penetrate this attractive market segment in a more efficient, scalable and user-friendly manner than ever before.”
Investcorp iPartners is now launched in the United States and the GCC, with further international expansion underway.