iCapital Acquires SIMON Markets
May 25, 2022
iCapital has completed the acquisition of SIMON Markets, integrating SIMON’s structured investments, annuities, digital assets and risk-managed products into iCapital’s alternative investment marketplace. The deal brings nearly 200 SIMON team members and SIMON CEO Jason Broder (who joined iCapital as Managing Director, Head of iCapital Solutions) to expand iCapital’s product menu, analytics, education, and advisor servicing capabilities.
- Buyers
- iCapital (Institutional Capital Network, Inc.)
- Targets
- SIMON Markets
- Industry
- Financial Services
- Location
- New York, United States
- Transaction Type
- Buyout
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