Pretium, a specialized investment company that manages over $50 billion in assets, and iCapital1, a fintech platform that provides access to alternative investments for the wealth management industry worldwide, have recently come together to announce a custom technology and distribution partnership.
Don Mullen, Founder and CEO of Pretium, expressed, "We're excited about our new partnership with iCapital and the range of tech-enabled solutions it will unlock for our private wealth investors and their advisors now and into the future."
(Source – Cision PR Newswire)
Since its inception in 2013, iCapital's comprehensive digital platform has effectively enhanced the customer experience by automating subscriptions, making the investing process more transparent, and integrating the performance and reporting of alternative investments.
Lawrence Calcano, Chairman and CEO of iCapital, added, "We are thrilled to partner with Pretium to support their priority of providing institutional-style access of alternatives to advisors and their clients."
(Source – Cision PR Newswire)
About Pretium
Founded in 2012, Pretium specializes in U.S. real estate, residential credit, and business credit to capitalize on market shifts, disruptions, and inefficiencies. With an integrated analytical and operational system, the company manages over $50 billion in real estate investments across 30 U.S. regions and has a strategic advantage over other investment managers.
About iCapital
One of the largest fintech companies, iCapital, powers the alternative investment industry. The company has changed how access to private assets, such as equities, credit, real estate, infrastructure, structured investments, annuities, and risk-managed solutions, is facilitated for clients by the wealth management, banking, and asset management sectors. It has achieved this through user-friendly, end-to-end technology and auxiliary services, educational tools and resources, and powerful capabilities for due diligence, compliance, and portfolio analytics.