IPEM Paris 2025: The Patience Premium
While the era of cheap capital and high leverage might be over, there are significant tailwinds for GPs to harness and ride the next wave of innovation, seeking out creative…
It’s been quite a memorable week for iCapital, the global fintech platform with $257 billion in alternative assets. They’ve just raised $820 million in their latest fundraising round, which values the company at over $7.5 billion – a notable increase on its last valuation of approximately $6 billion in 2022 according to PitchBook. T. Rowe Price and SurgoCap Partners co-led the round. The fresh capital injection will be used to support strategic acquisitions as iCapital continues to transform the investing experience. “As demand for alternatives, structured investments and annuities accelerates, we remain committed to delivering scalable solutions that empower advisors, fund managers and other infrastructure providers…” commented Lawrence Calcano, Chairman and CEO of iCapital. The announcement is a nice reminder that when everyone in your organisation rows in the same direction, you can surgo towards new frontiers of growth.
While the era of cheap capital and high leverage might be over, there are significant tailwinds for GPs to harness and ride the next wave of innovation, seeking out creative…
Chocs away! It’s an old expression and one that signals the start of a new journey, which is what Blackstone will be hoping for as they bid to buy the…
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