Firm taps leading industry voice to shape narrative around public and private investing with fresh perspective and an editorial lens.
iCapital1, the global fintech company shaping the future of investing, announced the appointment of Sonali Basak, former lead Wall Street correspondent for Bloomberg Television, as Chief Investment Strategist. In this role, Ms. Basak will help develop and deliver the firm’s strategic thought leadership across public and private markets, provide actionable insights, and strengthen iCapital’s position as a trusted industry voice.
Read More on Fintech : Global Fintech Interview with Kevin Wall, Chief Financial Officer at Stax
“As public and private markets continue to converge and advisors scale to meet increasing investor demands, Sonali will be instrumental in shaping iCapital’s market perspective and driving meaningful impact across the ecosystem.”
“The wealth industry is undergoing a significant transformation, and individual investors should have increased access to the same private market opportunities that have driven institutional returns for decades,” said Ms. Basak. “iCapital aims to be the central authority linking the wealth community with the top asset managers across the world. I’m thrilled to bring my expertise to engage with financial advisors, investors, and asset managers every day. My role will be to deliver data-driven and actionable insights to iCapital’s clients and partners across both public and private markets.”
As Chief Investment Strategist, Ms. Basak will lead and articulate iCapital’s investment outlook, thoughtful data-driven content, and support client decision-making working closely with them as they implement their strategies.
“We’re very excited to welcome Sonali to iCapital,” said Lawrence Calcano, Chairman and CEO of iCapital. “She is an exceptional thought leader who brings a journalist’s curiosity, a strategist’s insight, and a communicator’s instinct – all of which will help us deepen our dialogue with clients and partners across the industry. As public and private markets continue to converge and advisors scale to meet increasing investor demands, Sonali will be instrumental in shaping iCapital’s market perspective and driving meaningful impact across the ecosystem. She is the ideal person to lead this important work and represent iCapital’s voice in the global investment conversation.”
Ms. Basak most recently served as Bloomberg Television’s lead global finance correspondent and anchor, where she covered the financial institutions shaping markets worldwide – from global banks and asset managers to private equity giants and hedge funds. She anchored Open Interest, Bloomberg TV’s flagship morning program focused on C-suite perspectives across industries, and hosted Bloomberg Invest, the firm’s premier annual financial conference. Her newsletter, Wall Street, By Basak., is widely regarded for its sharp, insider commentary on market trends, Wall Street firms, and shifts across the financial industry. Her reporting frequently appeared in Businessweek and Markets Magazine, where she conducted recurring Q&As with leading financial executives. Most recently, she created and hosted the original docuseries Bullish, which profiled influential voices in finance and demystified opaque corners of capital markets. Known for securing rare interviews with top Wall Street CEOs and breaking news on market-moving deals, Ms. Basak has earned a reputation as one of the most trusted and insightful voices in financial journalism over the past decade.
She holds a bachelor’s degree from Bucknell University, a Master of Science in Journalism from Northwestern University’s Medill School, and an MBA in Quantitative and Corporate Finance from NYU’s Stern School of Business. Ms. Basak will be based in iCapital’s New York City office.
Catch more Fintech Insights : The Impact of Open Banking on Cross-Carrier Data Sharing in Insurance
[To share your insights with us, please write to psen@itechseries.com ]
