Market Overview

iCapital® Network Secures Strategic Investment from JPMorgan Chase


Highlights demand for industry-wide solution for alternative

, the financial technology platform democratizing alternative
investments, today announced JPMorgan
Chase & Co
(NYSE:JPM) has made a strategic investment in the
company's latest financing round.

The firm joins BlackRock
(NYSE:BLK), Blackstone
(NYSE:BK), The
Carlyle Group
(NASDAQ:CG), Credit
Suisse Group AG
, Morgan
Investment Management (NYSE:MS), and UBS
Financial Services, Inc.
(NYSE:UBS) as a strategic partner and
investor, further expanding the consortium of industry leaders aligned
with iCapital's development of an industry standard technology solution
for alternative investments.

iCapital's modular technology and service platform is purpose-built to
provide an end-to-end solution that is fully configurable, highly
scalable, and able to support the unique subscription, administration,
and reporting processes for private equity, private credit, hedge funds,
and other alternative investments. It is designed to overcome many of
the long-standing challenges of investing in alternatives by using
technology to streamline access, ease operational burdens, and improve
the user experience, enabling iCapital's partners to provide the highest
level of service to their clients.

"We are honored to work with companies like JPMorgan Chase who support
our mission of democratizing access to alternative investments," said Lawrence
, Chief Executive Officer of iCapital Network. "We are
committed to continuing the transformative work iCapital is doing with
our partners to help the industry meet the growing demand for
alternative investments and to provide innovative technology solutions
that help deliver better outcomes for advisors and their clients."

In May of this year, J.P.
Morgan Asset Management
an agreement with iCapital to provide a white label offering exclusively
for Registered Investment Advisors and their clients to access a select
group of J.P. Morgan Global Alternative strategies.

"We announced a partnership with iCapital earlier this year to begin
using their white label enterprise solution to expand access to our
alternative investment offerings to a wider audience. This strategic
investment highlights the success of that initial partnership," said
Anton Pil, Co-Managing Partner, J.P. Morgan Global Alternatives. "We
want to be at the table in building a much-needed technology solution
with the potential to benefit the entire industry, from advisors and
their clients to asset managers and related service providers," said
Chris Hayward, Co-Managing Partner, J.P. Morgan Global Alternatives.

About iCapital Network

iCapital Network is the financial technology platform democratizing
alternative investments with complete tech-based solutions for
investors, advisors and asset managers. The firm's flagship platform
offers high-net-worth investors and independent wealth advisors a
curated menu of private equity and hedge funds at lower minimums with a
full suite of due diligence and administrative support in a secure
digital environment. Banks and asset managers leverage iCapital's
tech-enabled services to streamline and scale their private investments
operational infrastructure. iCapital was included in the 2018 Forbes
FinTech 50 and as of June 30, 2018, serviced more than $6 billion in
invested capital across more than 14,000 underlying accounts.

About JPMorgan Chase & Co.

JPMorgan Chase (NYSE:JPM) is a leading global financial services firm
with assets of $2.6 trillion and operations worldwide. The Firm is a
leader in investment banking, financial services for consumers and small
businesses, commercial banking, financial transaction processing, and
asset management. A component of the Dow Jones Industrial Average,
JPMorgan Chase serves millions of customers in the United States and
many of the world's most prominent corporate, institutional and
government clients under its J.P. Morgan and Chase brands. Information
about JPMorgan Chase is available at

For additional information, please visit the Company's website at
| LinkedIn:
| Twitter: @icapitalnetwork | Facebook:

Disclosures: This material is provided for informational purposes only
and is not intended as, and may not be relied on in any manner as,
legal, tax or investment advice, a recommendation, or as an offer to
sell, a solicitation of an offer to purchase or a recommendation of any
interest in any fund or security offered by iCapital. Past performance
is not indicative of future results. Alternative investments are
complex, speculative investment vehicles and are not suitable for all
investors. An investment in an alternative investment entails a high
degree of risk and no assurance can be given that any alternative
investment fund's investment objectives will be achieved or that
investors will receive a return of their capital. The information
contained herein is subject to change. Securities may be offered through
iCapital Securities, LLC, a registered broker dealer, member of FINRA
and SIPC and subsidiary of Institutional Capital Network, Inc. iCapital
is a registered trademark of Institutional Capital Network, Inc. All
rights reserved.

For iCapital Network media inquiries, please contact:

View Comments and Join the Discussion!