iCapital has made a strategic investment in Tangible Markets to enhance access to alternative investments, addressing liquidity issues in the sector. The collaboration aims to develop scalable liquidity solutions for various investors, integrating Tangible’s technology into iCapital’s platform by 2025. This move comes as global alternative assets under management are projected to reach $29.2tn by 2029, driving demand for liquidity solutions.
The partnership will offer wealth managers, asset managers, and institutional investors direct access to Tangible’s liquidity technology through iCapital’s platform. This initiative aims to create a robust secondary market, providing greater transparency and flexibility for portfolio rebalancing without waiting for natural liquidity events. The liquidity mechanism will support a wide range of strategies, including private equity, private credit, real assets, and hedge funds.
Tangible Markets, known for its efficiency in transactions ranging from $75,000 to over $250m, has been chosen by iCapital to power its liquidity solutions. The collaboration seeks to revolutionize liquidity access in private markets, offering seamless transactions for wealth managers, general partners, and institutional buyers. This partnership aims to bring scale and consistency to a market that has historically lacked both attributes.
The terms of the arrangement between iCapital and Tangible Markets have not been disclosed. The alliance between the two companies signifies a significant step towards redefining institutional-grade liquidity solutions in the alternative investments space. This move is crucial as the demand for liquidity is expected to grow alongside the expansion of global alternative assets under management in the coming years.
Read more at Yahoo Finance: iCapital expands liquidity access
