iCapital will provide its technology platform to facilitate the distribution of JPMAM’s global alternative strategies, enabling APAC private wealth investors to explore a broader range of private market investment opportunities.

Global asset manager JP Morgan Asset Management (JPMAM), which has $213 billion in alternative assets under management globally, and global fintech platform iCapital, have announced their partnership to open up access for Asia-Pacific wealth managers and their clients to JPMAM’s private market investment capabilities. These cover asset classes including private equity, infrastructure, transportation and real estate.

The partnership builds on a long-standing relationship between the two companies. JP Morgan became a strategic investor in iCapital in 2018 and the two companies initiated their first distribution partnership in Australia in 2023 to expand alternative solutions to wholesale investors in Australia.

Through this latest APAC regional collaboration, iCapital will provide its leading technology platform to facilitate the distribution of JPMAM’s select global alternative strategies, enabling APAC private wealth investors to explore a broader range of private market investment opportunities.

“The partnership with iCapital signifies our commitment to alternative democratisation for private wealth investors...we see significant growth opportunities in private wealth alternatives and believe the democratisation of private markets remains a key growth driver for the industry over the coming years,’ Gary Leung, head of alternatives for Asia-Pacific clients, JPMAM, said.

“With wealth managers increasingly looking to private markets as a way to help their clients improve their financial outcomes, we are delighted to deepen our partnership with JP Morgan Asset Management to deliver a comprehensive menu of alternative investments to clients in the APAC region,” Marco Bizzozero, head of international, iCapital, added.