CityWire - April 20, 2023
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Bolton Global Capital has joined forces with iCapital to provide its network of financial advisors access to the alternatives investment platform’s wide range of private market products, the group announced Thursday.
The independent broker-dealer and RIA will launch a customized marketplace powered by iCapital which will offer private equity, private debt, and real estate investment solutions to Bolton’s Latin American advisors as well as its US-based advisors catering to US resident and international clients.
The platform’s distribution partner in Latin America, Unicorn Strategic Partners, will support Bolton in its efforts and help educate its network of advisors on iCapital’s product offering, according to the announcement.
‘Financial advisors are increasingly looking for a broader array of investment options to meet clients’ growing appetite for private market offerings,’ said Steve Preskenis, Bolton’s president.
‘Our partnership with iCapital provides advisors with streamlined access to a selective range of alternative investment solutions, while empowering them with the resources to make informed decisions about how this asset class can potentially benefit client portfolios.’
Marco Bizzozero, head of iCapital’s international business, said: ‘We are delighted to further strengthen our presence domestically and in Latin America and to support the Bolton team in our shared mission to provide institutional-quality investment offerings to the US and LatAm wealth management communities.’
iCapital signed a similar agreement with Bci’s Miami-based wealth management business and Insigneo at the end of last year, as reported by Citywire.
The alternatives investment platform services over $153bn in global client assets, of which $30bn are from international investors across more than 1,230 funds, the announcement said.