HSBC Global Private Banking, Americas is partnering with financial technology firm iCapital Network (iCapital) to expand and streamline client access to alternative investments.
The partnership is part of Global Private Banking’s initiative to enhance investment management capabilities and expand its product offering for high-net-worth clients.
“Clients looking to diversify their portfolios are increasingly interested in alternative investments,” says Russell Schofield-Bezer, Chief Investment Officer, HSBC Global Private Banking, Americas. “Our partnership with iCapital provides our clients with the platform and technology to access a broader product suite and seamlessly integrate alternatives into their investment allocations.”
iCapital will allow HSBC’s qualified clients and their investment counsellors to evaluate and allocate to a broad range of private equity, private credit, and hedge fund investments. The platform offers access to:
• Select fund managers who have previously worked almost entirely with institutional investors;
• A robust set of analytical tools and due diligence information to evaluate the investment merits of a given offering; and
• Online investing at levels well below industry minimums of USD5-plus million
“We’re pleased that HSBC Global Private Banking has selected iCapital as a technology partner to help their investment counsellors provide clients with streamlined and efficient access to a broad selection of alternative investments,” says Lawrence Calcano, Chief Executive Officer of iCapital Network. “Our mission to democratise alternative investments is providing advisors and their qualified investors with a more complete toolkit as they seek to construct thoughtful portfolios.”
