- PATRIZIA’s Impact Investment Strategy marks the start of a strong partnership to offer the private wealth sector access to value-adding real estate and infrastructure funds.
- Products will be available through Allfunds
- New sustainable and attractive long-term investment opportunities for intermediaries via a leading digital platform offering
Augsburg, 28 March 2023. PATRIZIA, a leading partner for global real assets, and iCapital, a global fintech platform driving access to alternative investment products in the wealth management industry, partner to provide wealth managers with access to certain PATRIZIA investment solutions available through Allfunds, the world’s largest fund distribution network, and a strategic partner of iCapital.
PATRIZIA will leverage iCapital’s technology platform and structuring solutions to provide wealth managers and their clients with access to PATRIZIA’s profound market expertise and suite of alternative investment strategies in direct real estate and infrastructure built over a period of almost 40 years. The partnership is an important milestone in PATRIZIA’s expansion into the private wealth sector, as it addresses the increasing appetite from ultra- and high net worth individuals for investments in alternative assets, by leveraging its long-standing expertise as an institutional-grade real assets manager. Through iCapital, institutional-quality real asset providers offer their products to investment professionals globally.
The partnership will start with an Impact Investment Strategy, that aims to build sustainable, future- proof communities contributing to 8 of the 17 United Nations Sustainable Development Goals (SDGs). The strategy which intends to meet residential as well as social infrastructure needs is classified as a SFDR Article 9 fund. It provides solutions to three specific societal challenges: affordable housing, green real estate as well as inclusion & connectivity. In addition to an attractive financial return, it intends to deliver a positive social and environmental return monitored via a dedicated and innovative reporting framework.
Sebastian Baer, Head of Wealth Solutions at PATRIZIA, said: “As a leading independent investment manager in real assets, PATRIZIA sets standards for sustainability, data intelligence and global reach. We are now opening our institutional-grade solutions available to financial intermediaries in the private wealth sector. In the future, we will offer selected value-add products as well as investments along Articles 8 and 9."
Marco Bizzozero, Head of International at iCapital, said: “We are pleased to partner with PATRIZIA, a leading independent asset manager for real assets, and to support them with our technology and solutions in providing wealth managers and their clients with broader access to PATRIZIA’s impact investment strategies, thus contributing to mobilize private capital to address social infrastructure needs.”
PATRIZIA: A leading partner for global real assets
With operations around the world, PATRIZIA has been offering investment opportunities in real estate and infrastructure assets for institutional, semi-professional and private investors for 39 years. PATRIZIA manages more than EUR 59 billion in assets and employs over 1,000 professionals at 28 locations worldwide. Through its PATRIZIA Foundation, PATRIZIA is committed to social responsibility. The Foundation has helped around 250,000 children in need worldwide gain access to education and thus, has given them the chance of a better life over the last 24 years. You can find further information at www.patrizia.ag
Founded in 2013, iCapital is the leading global fintech company powering the world’s alternative investment marketplace. iCapital has transformed how the wealth management, banking, and asset management industries facilitate access to private markets investments for their high-net-worth clients by providing intuitive, end-to-end technology and service solutions; education tools and resources; and robust diligence, compliance, and portfolio analytics capabilities. iCapital’s solutions enable organizations to streamline and scale their operational infrastructure for alternative investments and to provide access to direct investments and feeder funds at lower minimums through simplified digital workflows.
iCapital-managed platforms offer wealth advisors and their high-net-worth clients access to an extensive menu of private investments, including equity, credit, real estate, infrastructure, hedge funds, structured investments, annuities, and risk-managed solutions. iCapital has been recognized on the Forbes Fintech 50 list each year from 2018 to 2022, the Forbes America’s Best Startup Employers in 2021, 2022, and 2023, and MMI/Barron’s Industry Awards as Solutions Provider of the Year in 2020, 2021, and 2022.
As of February 28, 2023, iCapital services $153 billion in global client assets, of which $30 billion are from international investors (non-US Domestic) across more than 1,230 funds. Employing more than 1,090 people globally, iCapital is headquartered in NYC and has offices worldwide, including in Zurich, London, Lisbon, Hong Kong, Singapore, and Toronto.
This material is provided for informational purposes only and is not intended as, and may not be relied on in any manner as legal, tax or investment advice, a recommendation, or as an offer to sell, a solicitation of an offer to purchase or a recommendation of any interest in any fund or security offered by iCapital, Inc., or its affiliates (together “iCapital”). Alternative investments are complex, speculative investment vehicles and are not suitable for all investors. This material does not intend to address the financial objectives, situation or specific needs of any individual investor. The information contained herein is subject to change and is also incomplete. This industry information and its importance is an opinion only and should not be relied upon as the only important information available. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed, and iCapital assumes no liability for the information provided.
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Securities and services may be offered through iCapital Securities, LLC, Axio Financial LLC, and/or SIMON Markets LLC, each of which is a registered broker/dealer, member FINRA and SIPC, and subsidiary of iCapital, Inc. (“iCapital”). iCapital Advisors, LLC, a subsidiary of iCapital, is an investment adviser registered with the U.S. Securities and Exchange Commission (“SEC”). These registrations and memberships in no way imply that the SEC, FINRA or SIPC have endorsed the entities, products or services discussed herein. iCapital and iCapital Network are registered trademarks of iCapital, Inc. Additional information is available upon request.
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