(Opalesque) U.S.’s largest alternative investment firm Blackstone is investing in iCapital Network, which provides platform to connect investors and advisers to alternative investment products. The financial behemoth joins UBS, Morgan Stanley, BlackRock, BNY Mellon and Credit Suisse as investors in the firm, although iCapital’s own management team remains its largest shareholder. Additional investors are expected to join before the round closes.
Blackstone invests in financial technology platform for alternative investments iCapital Network inShare
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