iCapital has partnered with BlackRock to integrate its alternative investment platform into Aladdin Wealth, BlackRock's portfolio analytics technology for wealth managers. The integration will allow Aladdin Wealth users to access alternative investments, initiate subscriptions and redemptions, and track status updates directly through the platform. The partnership aims to streamline alternative investment processes for advisers, providing a connected framework for portfolio construction and oversight. iCapital chairman and CEO Lawrence Calcano said the collaboration will improve efficiency and support more personalised client outcomes. In 2024, BlackRock previously partnered with iCapital and TAMP GeoWealth to launch custom public-private model portfolios, with iCapital's technology supporting the platform experience for registered investment advisers.

iCapital1, the global fintech company shaping the future of investing, today announced that it has entered into a definitive agreement to acquire Hexure, a t...

iCapital, a global fintech company, has entered into a definitive agreement to acquire Hexure, a leader in digital and AI-powered sales automation solutions for insurance and wealth management. The acquisition will create the industry's first end-to-end annuity and insurance technology platform, integrated with iCapital's alternatives and structured investments platform. The combined platform will support the full investment lifecycle, from discovery through post-sale servicing. Hexure's FireLight digital sales platform and ForeSight illustration technology will be integrated into iCapital's broader system, serving financial advisors, distributors and insurance carriers. iCapital manages over $1.14 trillion in assets globally across its platform. THL Partners is Hexure's current majority investor. Transaction terms were not disclosed, and BofA Securities served as financial adviser to iCapital.