Keep pulling the thread on Lawrence Calcano.
iCapital's platform services over a trillion dollars in client assets.
Annual institutional investment flows into alternative assets now exceed one trillion dollars.
iCapital has made 24 acquisitions and has integrated every purchased company into its operations.
Lawrence Calcano has been building iCapital since 2013, transforming it into a dominant financial technology platform for alternative investments.
Lawrence Calcano believes that while there is significant hype around AI, it represents a massively important technological trend.
iCapital is making significant financial investments in artificial intelligence.
iCapital was founded to create a technology platform for financial advisors to access alternative investments, addressing a market where the process was previously highly manual.
iCapital operates on a B2B2C business model, focusing on serving financial advisors rather than directly targeting end-clients.
Lawrence Calcano predicts that model portfolios will become a very important method for investing in alternatives.
iCapital's platform has over $65 billion in alternative assets allocated from investors outside the United States.
According to a recent BCG report, there is $153 trillion in wealth owned by individuals globally.
An estimated 2% to 2.5% of individual wealth in the U.S. is allocated to alternative investments, a figure that is even lower outside the United States.