International wealth manager Insigneo has partnered with global fintech platform iCapital to improve access to alternative investments for the wealth management industry.
The partnership will provide Insigneo’s US and Latin American financial advisers and their clients with access to iCapital’s private market and hedge fund offerings.
Both firms said they recognise a “growing demand for private market and hedge fund investments” in LatAm.
Raul Henriquez, Insigneo chairman and chief executive, said: “We recognise the growing importance of alternative investments, especially in today’s market environment. To that end, Insigneo is proud to partner with iCapital, which enables us to leverage their technological capabilities to provide Insigneo’s clients with easy access to a wide variety of alternative investing opportunities.”
Marco Bizzozero, head of international at iCapital, added: “We are pleased to announce our partnership with Insigneo, a distinguished wealth management firm with a primary focus on Latin America, and support them in our shared mission to make institutional-quality private market and hedge fund allocations more accessible to financial advisors and their clients.
“Latin America is of strategic importance to iCapital, and we are delighted to grow our business in the region with such an experienced partner.”
ICapital has partnered with many firms over the last year to improve retail investors access to alternatives. It has signed deals with Ardian, Tikehau Capital and Morgan Stanley Investment Management in the last few months.