Singapore’s digital wealth management platform Endowus has partnered with global fintech firm iCapital to expand its private market investment offering for accredited investors in Singapore and Hong Kong.
Endowus’ clients will have access to a set of institutional-quality private markets initiatives within private equity, private debt, and real assets.
Through this partnership, Endowus will be able to leverage iCapital’s technology and solutions to enhance the operational efficiency of the entire investment process in these segments.
According to Endowus, it has nearly tripled the number of accredited investors on its platform since April 2021.
Gregory Van, CEO of Endowus said,
“At Endowus, we focus on providing our clients with institutional-quality wealth management at the lowest possible cost. 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.
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.”
Marco Bizzozero, Head of International at iCapital said,
“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.
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.”
This article first appeared on Fintech News Singapore.