iCapital® Network Named ‘Best Outsourced Alternative Investment Platform’ in Wealth & Finance International’s 2017 Alternative Investment Awards

NEW YORK, June 1, 2017 /PRNewswire/ -- iCapital Network today announced that the firm has been named "Best Outsourced Alternative Investment Platform" by Wealth & Finance International as part of the publication's 2017 Alternative Investment Awards. iCapital is a financial technology platform focused on democratizing access to alternative investments for high-net-worth investors and their advisors.

Wealth & Finance presents the Alternative Investment Awards annually to honor the companies and products that shape the alternative investment industry. Criteria for selection includes dedication to client service, innovation, and business success. Honorees are chosen after a rigorous research process in which an in-house research team analyzes each nominee's achievements over the past twelve months.

"We are thrilled to be recognized for our innovation within the alternative investments industry," said Lawrence Calcano, Chief Executive Officer of iCapital Network. "This award not only spotlights the strength of iCapital's end-to-end platform solution, it also affirms the importance of technology to alternatives and the larger financial ecosystem."

Individual investors remain significantly under-allocated to alternative investments relative to institutional investors, but are increasingly exploring the critical role alternatives can play in state-of-the-art portfolio construction. iCapital's online platform facilitates access to private investment opportunities through an independent origination and due diligence process that prioritizes quality offerings from an array of managers, and provides an end-to-end technology solution automating the unique subscription, administration, and reporting processes of alternative investments.

iCapital introduced its online platform two years ago and currently services more than $2 billion in assets for approximately 3,000 investors across more than 40 private offerings. Its member network is comprised of approximately 1,500 qualified investors and advisory professionals who collectively oversee more than $1.7 trillion in investable client assets.

About Wealth & Finance International
Wealth & Finance International is a monthly publication dedicated to delivering high quality informative and up-to-the-minute global business content. It is published by AI Global Media Ltd, a publishing house that has reinvigorated corporate finance news and reporting.

Developed by a highly skilled team of writers, editors, business insiders and regional industry experts, Wealth & Finance International reports from every corner of the globe to give readers the inside track on the need-to-know news and issues affecting banking, finance, regulation, risk and wealth management in their region.

About the Awards
The Wealth & Finance International Alternative Investment Awards ("WFIAIA") recognize firms dedicated to client service, innovation and success in several categories within the alternative investment industry. They have been awarded annually since 2014 by Wealth & Finance International ("WFI"). WFIAIA receives nominations, and once a firm has been nominated and accepted its nomination, firms can supply supplemental information about their key practice area(s), services offered, business strategy and accolades. WFI's dedicated in-house research team reviews each entry before ultimately selecting the award recipients. Nomination or receipt of a WFIAIA is not necessarily indicative of a recipient's experience or a guarantee that the recipient firm will perform in the future as it did during the period evaluated by WFI.

About iCapital Network
iCapital Network is a financial technology platform that provides modular alternative investment solutions for registered investment advisors, broker-dealers, private banks, family offices and other sophisticated investors. The state-of-the-art online portal offers a curated selection of private equity, venture capital, credit, real estate and hedge funds, extensive due diligence support, an automated subscription process and integration with a wide range of custodial platforms and reporting packages. The firm's customizable technology and specialized suite of services is also used by asset managers and financial institutions to streamline and automate their private fund operations. For additional information, please visit the Company's website at www.icapitalnetwork.com  | LinkedIn: https://www.linkedin.com/company/icapital-network-inc  | Twitter: @icapitalnetwork

Disclosures: This material is provided for informational purposes only and is not intended as, and may not be relied on in any manner as legal, tax or investment advice, a recommendation, or as an offer to sell, a solicitation of an offer to purchase or a recommendation of any interest in any fund or security offered by iCapital. Past performance is not indicative of future results. Alternative investments are complex, speculative investment vehicles and are not suitable for all investors. An investment in an alternative investment entails a high degree of risk and no assurance can be given that any alternative investment fund's investment objectives will be achieved or that investors will receive a return of their capital. The information contained herein is subject to change.  The award referenced herein makes no guarantee as to future performance and may not be representative of a platform user's experience  Securities may be offered through iCapital Securities, LLC, a registered broker dealer, member of FINRA and SIPC and subsidiary of Institutional Capital Network, Inc. iCapital is a registered trademark of Institutional Capital Network, Inc.  All rights reserved.

For iCapital Network media inquiries, please contact:

Emma MurphyTel 718-875-4545
Cell 347-968-6800
icapital@neibartgroup.com

Morgan CretellaTel 718-875-7606
Cell 919-602-2806 
icapital@neibartgroup.com

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SOURCE iCapital Network