November 2023
WELCOME TO OUR MONTHLY NEWSLETTER.
Designed to serve as your primary source for navigating the world of alternative investments.
At iCapital, we have spent over 10 years developing our platform to provide wealth managers with the broadest selection of alternative investments from the world’s leading asset managers.
With the recent launch of iCapital Marketplace , we have expanded the alternative investment strategies available on our digital platform, with several new features we believe will fundamentally improve the way wealth managers source alternative investment opportunities.
iCapital Marketplace now offers access to over 120 funds across 60+ asset managers, with expanded capabilities to source, conduct due diligence, transact, and manage alternative investments.
Today, wealth managers can access education and compliance training resources, portfolio analytics and construction models, digital electronic subscription processing, and integrated lifecycle reporting – all in one unified platform.
With a broad range of strategies available and dynamic tools to streamline the investment process, it is easier than ever to seamlessly create alternative portfolios to align with clients’ objectives.
As we continue to enable wealth managers to unlock the benefits of alternative investments in investor portfolios, we thank you for your continued partnership.
Chart of the Month
U.S. Private Equity vs. U.S. Public Equity Returns
Private and public market horizon IRRs* (%)
Spotlight: Beyond 60/40: Episode 9
Anastasia Amoroso , iCapital Chief Investment Strategist, discusses growth, inflation, rates, and more with Paula Campbell Roberts , Chief Investment Strategist of Global Wealth at KKR ; and iCapital Chief Data Officer Adrian Czebiniak shares his thoughts on the evolution and rapid adoption of artificial intelligence (AI).
Monthly Market Roundup
Allocating to alternative investments has never been more important as diversification, enhanced return potential, and volatility mitigation become increasingly important to investors. Get the playbook on private markets from IWI, in partnership with Invesco US and Cerulli Associates .
As inflation has risen, real assets, which are tied to physical structures, have received renewed focus as inflation hedges. But infrastructure is not just an inflation hedge – discover why KKR believes infrastructure can serve as an “all-weather” allocation in a portfolio.
In today’s market environment, investors struggle to enhance returns and reduce risk. Private assets may help achieve those goals. In the latest issue of RealAccess find alternative insights across industrial and self-storage real estate, private capital, and farmland.
Recommended by LinkedIn
Pantheon explains why manager selection and diversification of investments across strategy, vintage year, sector, state and geography is key to building a strong private equity program.
In Case You Missed It
Your comprehensive source for alternative investment terms and definitions. Read more.
As traditional banks have receded from lending to small and medium-sized enterprises (SMEs) and higher interest rates continue to constrain financing options, private credit managers have an opportunity to fill the European lending demand. Read more.
Our financial advisor survey revealed that the use of alternative investments is on the rise. Learn how financial advisors are leveraging alternative investments to enhance client portfolios. Read more.
Weekly Market Pulse
While it appears increasingly likely that we have reached a local top in rates and there is room for relief into year-end, we see more reasons for investor caution in 2024. Find out where opportunities and risks may lie in Chief Investment Strategist Anastasia Amoroso 's Market Pulse .
The Alternative Investment Podcast
Catch iCapital’s Steve Houston , Managing Director and Head of Enterprise Solutions, on The Alternative Investment Podcast from WealthChannel, where he discusses the future of alternative investments with host Andy Hagans .
New at iCapital
iCapital is proud to be recognized as Solutions Provider of the Year in the 2023 MMI/Barron's Industry Awards for the fourth year in a row! We’re honored to have iCapital Marketplace named as the technology solution that exemplifies innovation in delivering better outcomes for investors and financial advisors.
Important Information / Disclaimer
The material herein has been provided to you for informational purposes only by Institutional Capital Network, Inc. (“iCapital”). This material is the property of iCapital and may not be shared without the written permission of iCapital. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission of iCapital.
This material is provided for informational purposes only and is not intended as and may not be relied on in any manner as legal, tax or investment advice, a recommendation, or as an offer to sell, a solicitation of an offer to purchase or a recommendation of any interest in any fund or security. You should consult your personal accounting, tax and legal advisors to understand the implications of any investment specific to your personal financial situation. This material does not intend to address the financial objectives, situation or specific needs of any individual investor. Alternative investments are complex, speculative investment vehicles and are not suitable for all investors.
This material may contain forward looking statements. Forward looking statements include, but are not limited to assumptions, estimates, projections, opinions, models and hypothetical performance analysis. Forward looking statements involve significant elements of subjective judgments and analyses and changes thereto and/or consideration of different or additional factors could have a material impact on the results indicated. Due to various risks and uncertainties, actual results may vary materially from the results contained herein. The information contained herein is an opinion only, as of the date indicated, and should not be relied upon as the only important information available. Any prediction, projection or forecast on the economy, stock market, bond market or the economic trends of the markets is not necessarily indicative of the future or likely performance. The information contained herein is subject to change, incomplete, and may include information and/or data obtained from third party sources that iCapital believes, but does not guarantee, to be accurate. iCapital considers this third-party data reliable, but does not represent that it is accurate, complete and/or up to date, and it should not be relied on as such. iCapital makes no representation as to the accuracy or completeness of this material and accepts no liability for losses arising from the use of the material presented. No representation or warranty is made by iCapital as to the reasonableness or completeness of such forward looking statements or to any other financial information contained herein.
The manner of circulation and distribution of this document may be restricted by law or regulation in certain countries, including the U.S. This document is not directed to, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, including the U.S., where such distribution, publication, availability or use would be contrary to law or regulation or which would subject iCapital to any registration or licensing requirement within such jurisdiction not currently met within such jurisdiction. Persons into whose possession this document may come are required to inform themselves of, and to observe, such restrictions. It is the responsibility of the recipient of this document to comply with all relevant laws and regulations.
Products offered by iCapital are typically private placements that are sold only to qualified clients of iCapital through transactions that are exempt from registration under the Securities Act of 1933 pursuant to Rule 506(b) of Regulation D promulgated thereunder (“Private Placements”). An investment in any product issued pursuant to a Private Placement, such as the funds described, entails a high degree of risk and no assurance can be given that any alternative investment fund’s investment objectives will be achieved or that investors will receive a return of their capital. Further, such investments are not subject to the same levels of regulatory scrutiny as publicly listed investments, and as a result, investors may have access to significantly less information than they can access with respect to publicly listed investments. Prospective investors should also note that investments in the products described involve long lock-ups and do not provide investors with liquidity.
Alternative investment products and services may be offered through iCapital Securities, LLC. Structured investment products and services may be offered through Axio Financial LLC and/or SIMON Markets LLC. iCapital Securities LLC, Axio Financial LLC, and SIMON Markets LLC are each a registered broker/dealer, member FINRA and SIPC, and an affiliate of Institutional Capital Network, Inc. (“iCapital”). Annuities and insurance services provided by SIMON Annuities and Insurance Services LLC, an affiliate of iCapital. iCapital Advisors, LLC, a subsidiary of iCapital, is an investment adviser registered with the U.S. Securities and Exchange Commission (“SEC”). Outcome Driven Strategies, LLC and Cornerstone Advisory, each an investment adviser registered with the SEC, provide investment advisory services for the structured investment separately managed accounts described herein. Outcome Driven Strategies, LLC is jointly owned by Axio Advisors LLC and Cornerstone Advisory (not affiliated with iCapital). Alaia Capital LLC, an investment adviser registered with the U.S. Securities and Exchange Commission (“SEC”), acts as a portfolio consultant to m+ funds and is an affiliate of iCapital. These registrations and memberships in no way imply that the SEC, FINRA or SIPC have endorsed the entities, products or services discussed herein. iCapital and iCapital Network are registered trademarks of Institutional Capital Network, Inc. Additional information is available upon request.
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