Singapore-based digital wealth advisory platform Endowus has partnered with global fintech platform iCapital in a deal that will expand private market investment access to Endowus private wealth clients in Singapore and Hong Kong.

Through the new partnership, Endowus will be able to leverage iCapital’s technology and solutions to provide its clients access to a set of institutional-quality private markets initiatives within private equity, private debt and real assets, and enhance the operational efficiency of the investment process in these segments.

The Endowus Group comprises Endowus' licensed companies in Singapore and Hong Kong, as well as Hong Kong-based Carret Private, and manages assets of over US$4 billion as of end-H1 2022. As of May 31, 2022, iCapital manages more than US$130 billion in global client assets, of which more than US$30 billion are from international investors.

“Diversification is critical for all investors,” says Gregory Van, CEO of Endowus. “And the access to the private markets will give investors greater depth and breadth in their portfolios.”