Family Wealth Report

Firms such as iCapital, along with CAIS in the US and Moonfare in Germany, are widening access to private markets’ assets and hedge funds, changing the way that wealth managers, family offices and banks access these areas. Leon Capital Group, a family office – also calling itself a family holding company – overseeing $10 billion of private capital, is collaborating with iCapital. The tech platform, headquartered in New York, gives wealth managers, private banks and others access to alternative investments such as private equity and hedge funds. “This collaboration marks a significant milestone for Leon, which until recently primarily utilized its balance sheet and only allowed co-investment from fellow single-family offices,” Leon said in a statement yesterday.