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Wells Fargo sells Global Alternative Investments Feeder Fund Platform to iCapital

June 19, 2020

Via: Finextra

In addition, Wells Fargo today announced that it is making a strategic investment in iCapital under the terms of iCapital’s latest fundraising round.

“We are pleased to partner with iCapital to deliver alternative investments to enhance the experience for our advisors and clients,” said Darrell Cronk, president of WFII. “This transaction will allow us to continue to provide innovative alternative investment solutions to our clients as well as upgrade the overall platform and launch new offerings.”

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