Singapore-headquartered Endowus has formed a partnership with iCapital to leverage the latter firm for its private market solutions.

Digital wealth platform Endowus and New York-based fintech firm iCapital have formed a partnership, according to a statement. The tie-up will allow Endowus’ private wealth clients to leverage iCapital's technology and solutions to gain institutional-quality access to private market initiatives across equity, debt and real assets.

«We know diversification is critical for all investors, and the access to the private markets will give investors greater depth and breadth in their portfolios,» said Endowus chief executive Gregory Van.  

Endowus was founded in 2017 and as of August 2022, it had over S$2 billion ($1.5 billion) in assets under advice. The firm has also tripled the number of accredited investors on its platform since April 2021.