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iCapital Network To Acquire Education And Compliance Platform AI Insight

Alternative investments fintech iCapital Network has agreed to acquire the assets of AI Insight, Inc., an alternative investment education and compliance platform. 

“The growing interest in alternative investments and a regulatory environment expanding access to these opportunities are heightening the demand for in-depth and accessible education and compliance support,” said Lawrence Calcano, Chairman and Chief Executive Officer of iCapital Network. “The acquisition of AI Insight supports our ongoing mission to equip independent advisors with comprehensive education and resources to ensure they are fully versed in the complexities of these funds and how they are best integrated in client portfolios.”

Under the agreement, Sherri Cooke, President and CEO, and Jennifer Simon, COO of AI Insight, and eight additional AI Insight employees are expected to join the iCapital team.

“We have been committed to educating advisors and supporting their research process to help them appropriately position complex products within client portfolios while supporting their compliance needs,” said Cooke. “In reviewing opportunities to expand the services provided to our clients, iCapital was the obvious choice because, like us, they are committed to helping advisors and their clients have successful outcomes with alternative investing. We are excited about partnering with iCapital to continue improving the investing experience for advisors through education and intuitive technology.”

iCapital’s purchase of the AI Insight platform is the latest step in the firm’s plan to expand its alternative investment education suite for financial advisors. In September, iCapital announced its purchase of the portfolio analytics tool, factorE.


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