Morgan Stanley Investment Management (MSIM) and iCapital today announced the expansion of its partnership in the United States to provide more banks and wealth managers around the world with access to a suite of private markets funds managed by MSIM.
iCapital’s market-leading platform and technology solutions have effectively and efficiently reduced the historical barriers that wealth managers and their clients have faced when investing in private markets by automating processes underwriting, administration, operation and reporting throughout the life of the investment. iCapital also provides a comprehensive suite of research, due diligence and education materials for advisors and investors.
Morgan Stanley is a long-time strategic investor and partner of iCapital, and this development is testament to the success of the relationship. It follows an existing strategic relationship through Morgan Stanley Wealth Management in the US, for which iCapital provides alternative investment feeder fund services.
Jacques Chappuis, Global Head of Distribution and Co-Head of the Solutions and Multi-Asset Group at MSIM, said: “This is a new chapter in Morgan Stanley’s partnership with iCapital. While our private markets funds are typically reserved for institutional investors, we are excited to be able to expand the customer base accessing our industry-leading private markets funds and help high net worth investors around the world further diversify their portfolios. of investment.
Private market investments have the potential to generate higher returns and offer diversification benefits to investors looking to access relatively untapped opportunities. Historically reserved for institutional investors, their increased accessibility allows banks and wealth managers to gain exposure to high-growth alternative asset classes such as private equity and private credit.
“Wealth managers are increasingly looking to alternative investments as another way to try to help their clients improve their financial results,” said Marco Bizzozero, head of international at iCapital. “We are extremely pleased to further strengthen our longstanding relationship with Morgan Stanley. The expansion of this successful partnership now provides access to the potential for growth and diversification that leading private markets investment opportunities can offer advisors and their HNW clients globally.