(HOUSTON) â Hines, the international real estate firm, today announced a partnership between its broker-dealer affiliate, Hines Securities, Inc., and iCapital Network[1], the leading global financial technology platform driving access and efficiency in alternative investing. Hines Securities is the dealer manager for a variety of alternative investment products including private placements and public, non-listed REITs. The partnership provides investment professionals with the ability to access Hinesâ investment solutions for clientsâ portfolios via an end-to-end technology solution powered by iCapital.
Through the partnership with iCapital, registered investment advisors (RIAs), family offices and wealth management firms will be able to access Hinesâ expertise and investment solutions, alongside a suite of complementary services. iCapitalâs platform, customized for Hines, streamlines the entire investment life cycle. Beyond facilitating the creation of investments and the automation of subscriptions and administration, document management and reporting, iCapital will provide operational and investment due diligence for Hinesâ offerings on the platform.
âWe are excited to bring the potential benefits of Hinesâ investment offerings to more financial professionals and their high-net-worth clients,â said Mark Earley, CEO of Hines Securities. âRIAs, family offices and sophisticated wealth management firms represent critical channels within the investment space, and we applaud iCapitalâs efforts to simplify and ease administrative challenges for this audience.â
âAdvisorsâ interest in quality alternative investments that offer opportunities for income, growth and diversification is accelerating as they seek new ways to help their high-net-worth clients meet their financial goals,â said Lawrence Calcano, Chairman and CEO of iCapital Network. âWe are proud to be working with Hines, a recognized leader in global real estate investing, to bring efficiency and ease to the alternative investing process for advisors and their clients.â
About Hines
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 255 cities in 27 countries. Hines oversees investment assets under management totaling approximately $83.6 billionÂč. In addition, Hines provides third-party property-level services to more than 367 properties totaling 138.3 million square feet. Historically, Hines has developed, redeveloped or acquired approximately 1,486 properties, totaling over 492 million square feet. The firm currently has more than 171 developments underway around the world. With extensive experience in investments across the risk spectrum and all property types, and a foundational commitment to ESG, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information. ÂčIncludes both the global Hines organization as well as RIA AUM as of June 30, 2021.
About iCapital Network
Founded in 2013 in NYC, iCapital Network is the leading global financial technology company powering the worldâs alternative investment marketplace. It has transformed the way the wealth management, banking, and asset management industries facilitate access to private markets investments for their high-net-worth clients by providing intuitive, end-to-end technology and service solutions. Wealth management firms use iCapitalâs solutions to provide clients with quality funds at lower minimums and simplified digital workflows. Asset managers and banks leverage iCapitalâs technology to streamline and scale their private investments operational infrastructure. Additionally, the iCapital âflagshipâ platform offers financial advisors and their high-net-worth clientsâ access to a curated menu of private equity, private credit, hedge funds, and other alternative investments to help meet their investing needs for return and diversification. iCapitalâs research and diligence team offers robust analysis alongside the firmâs extensive suite of advisor education, compliance, portfolio management, and portfolio analytics tools and services. iCapital was recognized on the Forbes FinTech 50 list in 2018, 2019, 2020 and 2021, the Forbes Americaâs Best Startup Employers in 2021, and MMI/Barronâs Industry Awards as Solutions Provider of the Year in 2020 and 2021. As of October 31, 2021, iCapital services more than $98 billion in global client assets, of which over $20 billion are from international investors (non-US Domestic), across more than 825 funds. Employing more than 680 people globally, iCapital is headquartered in NYC and has offices in Zurich, London, Lisbon, Hong Kong, Singapore, and Toronto.
For additional information, please visit iCapital Networkâs website at www.icapitalnetwork.com | LinkedIn: https://www.linkedin.com/company/icapital-network-inc | Twitter: @icapitalnetwork
See disclosures here.
[1] Institutional Capital Network, Inc., and its affiliates (together, âiCapital Networkâ or âiCapitalâ)