CNL Financial Group, a leading provider of alternative investments, and iCapital Network1, the leading global financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries, have formed a partnership in which iCapital will provide investment diligence and a customized technology platform to support CNL’s investments’ distribution and servicing capabilities. CNL Strategic Capital will be available on the platform.
iCapital’s technology will provide CNL with a seamless end-to-end alternative investing solution to support financial professionals and their clients by automating subscriptions, administration, document management and reporting. This will help financial professionals ease operational burdens, improve the user experience and empower them to provide the highest level of service to their clients.
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“CNL has a long history of helping financial professionals meet the needs of their clients, both through our innovative alternative investment offerings, but also with the tools and materials we provide,” said Chirag Bhavsar, co-CEO of CNL Financial Group. “This partnership with iCapital is the logical next step in continuing to support and empower financial professionals to provide their clients with the best investor experience possible.”
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“Financial professionals are actively seeking alternative investments for client portfolios, especially amid the current market and economic environment,” said Dan Vene, Co-Founder and Managing Partner, Head of Client Solutions at iCapital Network. “Integration and automation are key when it comes to easing this investment process for financial professionals and their clients. We are thrilled to partner with CNL on a shared mission to accommodate this demand and allow financial professionals to seamlessly incorporate CNL’s products into their investment menu.”
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