iCapital to Acquire AltExchange

iCapital Network Acquires AI Insight

January 21, 2021

Financial Services

iCapital Network has agreed to acquire the assets of AI Insight, Inc., an education and compliance platform that provides fund-specific research, training and credentialing for financial advisors focused on alternative investments. As part of the transaction, AI Insight’s executives Sherri Cooke and Jennifer Simon and eight additional employees are expected to join iCapital to integrate AI Insight’s learning management system into iCapital’s advisor-facing alternative investment platform.

iCapital Network Acquires Axio Financial

September 21, 2021

Financial Services

iCapital Network has entered into a definitive agreement to acquire Axio Financial LLC, a provider of end-to-end services to the U.S. structured notes market. The acquisition will expand iCapital's alternative investment product menu, technology stack, education and distribution capabilities for financial advisors; terms were not disclosed and the deal was expected to close in Q4 2021.

iCapital Acquires Passthrough to Expand GP Onboarding and Compliance

February 14, 2026

Financial Services

iCapital entered into a definitive agreement to acquire Passthrough to broaden its investor onboarding and financial compliance capabilities for private markets general partners. The combined offering is intended to extend iCapital’s onboarding support across both wealth and institutional fundraising channels, using deeper automation for identity, subscription documents, and KYC/AML workflows.

iCapital to Acquire Parallel Markets to Expand Reusable Investor Identity Platform

January 20, 2025

Financial Services

iCapital and Parallel Markets entered a definitive agreement under which iCapital is expected to acquire Parallel Markets. The deal will integrate Parallel Markets’ reusable financial identity technology with iCapital’s onboarding and compliance monitoring processes to power a new “Investor Passport” for fund investors and wealth advisors.

iCapital Acquires SIMON Markets

May 25, 2022

Financial Services

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.

iCapital to Acquire Mirador

April 2, 2024

Financial Services

iCapital and Mirador announced a definitive agreement under which iCapital will acquire Mirador. The acquisition is intended to expand iCapital’s data management and financial reporting capabilities for wealth management, family office, endowment, and foundation clients.