RBC Wealth Management has partnered with iCapital Network to enhance its alternative investments offering for clients globally, beginning in Asia.
iCapital will provide a customised technology and service solution allowing RBC Wealth Management’s clients to more easily access alternative investing opportunities such as private equity, private credit, hedge funds, and other alternative investments.
Designed to overcome many of the long-standing challenges of investing in alternatives, iCapital’s innovative technology and service offering will provide end-to-end alternative investing capabilities that includes digital fulfillment, administration, document management, reporting and a full suite of educational materials.
Juan Aronna, head of investments of RBC Wealth Management international and Asia, said: “Our partnership with iCapital complements our existing investment solutions and global banking capabilities, and provides clients with intuitive, digital and secure access to alternatives – a beneficial diversification tactic amid volatile markets and global events.”
Lawrence Calcano, chairman and chief executive of iCapital Network, said: “We are delighted that RBC Wealth Management selected iCapital to build a customised platform that will manage private market investments and ultimately hedge funds seamlessly across currencies, regulatory environments and languages.”