Latest news with #iCapitalMarketplace
Business Wire
08-05-2025
- Business
- Business Wire
Bitwise Joins iCapital ® Marketplace To Expand Access to Investment Opportunities in Crypto
SAN FRANCISCO--(BUSINESS WIRE)--Global crypto asset manager Bitwise Asset Management announced today a partnership with iCapital 1, the global fintech platform driving the world's alternative investment marketplace for the wealth and asset management industries, to add Bitwise to iCapital Marketplace. 'Crypto is rapidly emerging as a new alternative asset class, with unique drivers that can make it a compelling diversifier in portfolios for investment professionals,' said Bitwise CEO Hunter Horsley. 'We've seen that trend intensify in 2025 as institutions, family offices, and wealth managers have begun to engage more with the space. We're proud to bring these investors new ways to tap into crypto's opportunities with iCapital, the platform so many investment professionals rely on to understand, access, and manage alternatives.' Users of iCapital Marketplace are now able to access Bitwise's active crypto strategies that seek to capitalize on the alpha opportunities in the crypto space. Seeking exceptional risk-adjusted returns through carefully managed volatility and low correlation to traditional assets, Bitwise's multi-strategy approach includes non-directional, tactically directional, long bias, and special situations strategies. The solutions are managed by a Bitwise team that includes some of crypto's top experts in portfolio management, derivatives, and risk analysis. iCapital's Marketplace provides an all-digital investment platform that connects more than 100,000 financial professionals with a broad selection of alternative investment opportunities offered by the world's largest asset managers—all on one simple and integrated platform. Founded in 2017, Bitwise offers industry-leading education and a broad suite of professional investment products spanning ETFs, private funds, active solutions, separately managed account strategies, and staking. The firm serves as a partner to thousands of investment professionals and financial institutions looking to understand and access bitcoin and other crypto assets. RISKS AND IMPORTANT INFORMATION No Advice on Investment; Risk of Loss: Prior to making any investment decision, each investor must undertake its own independent examination and investigation, including the merits and risks involved in an investment, and must base its investment decision—including a determination whether the investment would be a suitable investment for the investor—on such examination and investigation. Crypto assets are digital representations of value that function as a medium of exchange, a unit of account, or a store of value, but they do not have legal tender status. Crypto assets are sometimes exchanged for U.S. dollars or other currencies around the world, but they are not currently backed nor supported by any government or central bank. Their value is completely derived by market forces of supply and demand, and they are more volatile than traditional currencies, stocks, or bonds. Trading in crypto assets comes with significant risks, including volatile market price swings or flash crashes, market manipulation, and cybersecurity risks and risk of losing principal or all of your investment. In addition, crypto asset markets and exchanges are not regulated with the same controls or customer protections available in equity, option, futures, or foreign exchange investing. Crypto asset trading requires knowledge of crypto asset markets. In attempting to profit through crypto asset trading, you must compete with traders worldwide. You should have appropriate knowledge and experience before engaging in substantial crypto asset trading. Crypto asset trading can lead to large and immediate financial losses. Under certain market conditions, you may find it difficult or impossible to liquidate a position quickly at a reasonable price. The opinions expressed represent an assessment of the market environment at a specific time and are not intended to be a forecast of future events, or a guarantee of future results, and are subject to further discussion, completion and amendment. The information herein is not intended to provide, and should not be relied upon for, accounting, legal or tax advice, or investment recommendations. You should consult your accounting, legal, tax or other advisors about the matters discussed herein.
Yahoo
07-05-2025
- Business
- Yahoo
Caz Sees a Private Equity Angle for Smaller Investors in Team Sales
Caz Investments, one of the world's larger asset allocators into private equity funds, inked a deal Tuesday with a fintech platform, iCapital Marketplace, to streamline access for financial advisors looking to get their clients into professional sports team ownership. 'Most folks have not gained exposure in any way to sports,' Caz partner Matt Lindholm said on a phone call. 'So for an investment advisor truly looking for non-correlated assets, this is the place you can find it.' More from When the major North American leagues began allowing private equity to buy minority stakes of franchises in 2019, the goal was to access the really big money—pension funds, endowments, insurance companies and other institutional investors who have capital that dwarfs any team owner's. Caz's arrangement with iCapital is significant, because it formalizes the fact that the opening to private equity money hasn't been all about tapping institutional funds—it's become a backdoor for mom and pop investors to get a slice of a pro franchise. ICapital Marketplace is a two decade-old financial technology platform that connects wealth managers with asset managers. The company says its 111,000 financial professional clients manage $228 billion in capital and offer access to funds from behemoths including Ares, Carlyle Group and Blue Owl, all of which happen to have a sports investment line as well. Caz is a $9 billion asset manager founded 24 years ago by Christopher Zook with a focus on thematic investments—that is, investing based on a view of the long-term macro trends. Caz's sports fund is a few years old. Its genesis was inspired by the move toward cord-cutting, the leverage sports teams have to pass along price increases to fans, and the defensive position of many real estate holdings teams possess, Zook told Sportico in 2022. What's unique about Caz among many sports-focused funds is the majority of its sports assets—more than $500 million, according to a March regulatory filing—are invested through other sports investments funds. 'When we look at the world of sports investing, we think it's one of the most attractive places to allocate capital. That's why we've been one of the largest allocators to Arctos since their fund was founded in 2019,' Lindholm said. While Caz's Zook and other firm executives invest their own money in the funds, most of the money is aggregated from smaller investors looking to get into hedge funds, private equity and other alternative investments not open to the average investor. Typically, these are individuals who have enough financial wherewithal to be considered by regulators to be accredited investors for whom riskier and less liquid assets can be suitable investments. It's likely Caz is the largest aggregator feeding into sports funds. It says it is in the top 125 of asset allocators globally to all alternative investment firms and has about 6,500 individuals' money across its funds, which also include funds investing directly in specific privately held companies, as well as more general technology, energy and healthcare funds.
