Clearstream, a global post-trading services provider, has announced the extension of its partnership with iCapital, a global fintech platform. This collaboration aims to reinforce the alternative investment marketplace for the wealth management industry by enhancing efficiencies and addressing operational challenges associated with investing in private markets.

Clearstream and iCapital Partnership in Private Markets

The extended partnership between Clearstream and iCapital will facilitate broader access to a diverse range of private market investment opportunities offered by some of the world's foremost asset managers. These opportunities, available through iCapital Marketplace, will now be accessible via Clearstream Fund Centre and Clearstream Vestima platforms.

This expansion builds upon an existing relationship where €10 billion of iCapital funds are already invested through Clearstream. The enhanced collaboration is poised to benefit Clearstream's Fund Services ecosystem, which comprises over 450 distributors, including major wealth managers and private banks, across more than 55 domestic markets worldwide. Notably, Clearstream serves customers in over 100 countries.

Philippe Seyll, the Head of Clearstream Fund Services, stated: “With our ecosystem of scalable, secure, and integrated distribution and processing solutions, we are committed to supporting both ends of the distribution chain with data and services.”

iCapital Marketplace Users Gain Access to Clearstream Services

A key aspect of this partnership involves the deepening integration of Clearstream and iCapital technologies. This integration is anticipated to streamline operational and administrative processes associated with private market investments. Such enhancements aim to meet the increasing demand within the private wealth channel for investments in private markets.

The technology partnership between iCapital Marketplace and Clearstream Fund Centre aims to enhance convenience and efficiency in investing in private market funds. It leverages Clearstream Fund Centre’s digital ecosystem to facilitate seamless connectivity between the two platforms. Users of iCapital Marketplace will have the opportunity to integrate easily with Clearstream custody & distribution services.

Marco Bizzozero, the Head of International at iCapital, highlighted the significance of the extended partnership: "We are proud to strengthen our partnership with Clearstream, which will contribute to our mission to power the world’s alternative investment marketplace and enable Wealth Managers to access the growth and diversification opportunities that private markets can offer as alternative investments increasingly become a core component of a balanced portfolio."