Endowus, the Singapore-headquartered digital wealth platform, has reached an agreement with fintech company iCapital to leverage the latter’s technology for its private markets offering.
The tie-up will allow Endowus’ private wealth clients to gain institutional-quality access to private market initiatives across equity, debt and real assets.
“We know diversification is critical for all investors, and the access to the private markets will give investors greater depth and breadth in their portfolios,” said Gregory Van, CEO of Endowus.
“This is what we are seeking to provide for Endowus Private Wealth clients, and we have been looking for the right fund managers with proven track records and solutions to provide our clients with access to alternative solutions. We are excited to be partnering iCapital’s to bring comprehensive private market offerings to our accredited investors.”
“Wealth managers and their advisors are increasingly looking to private markets as a way to support their clients to improve the quality and diversification of their portfolio and their financial outcomes,” said Marco Bizzozero, head of international at iCapital.
“We are very pleased to support Endowus in its commitment to be at the forefront of expanding access to attractive private markets investment opportunities to their accredited investor client-base.”