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iCapital to acquire Citi Global Alternatives

PRIVATEMay 13, 2025

Acquiring Company

I Capital

Acquired Company

Citi

New YorkNew YorkFinancial ServicesSoftwareFinanceFintechFinancial ServicesFinanceFintechLending

Description

iCapital has announced its intention to acquire Citi's indirect subsidiary, Citi Global Alternatives. After the transaction, iCapital will manage the fund platform, while Citi continues its distribution and client guidance. This move aims to enhance integration and operational efficiency in alternative investments for Citi's clients.

Quick answer

I Capital is acquiring Citi, announced May 13, 2025. I Capital is based in New York, United States.

How much did I Capital pay for Citi?
The deal value was not disclosed.
What does I Capital do?
iCapital is a global leader, shaping the future of global investing for financial advisors, wealth managers, asset managers, and other industry participants. iCapital offers a diverse and complete range of..
Where are I Capital and Citi based?
I Capital is based in New York, United States. Citi is based in New York, New York, United States.
Who are the decision-makers at I Capital?
Fundz holds 3 contacts at I Capital. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

I Capital

Location

New York, United States

About

iCapital is a global leader, shaping the future of global investing for financial advisors, wealth managers, asset managers, and other industry participants. iCapital offers a diverse and complete range of non-traditional investment products on iCapital Marketplace, Enterprise Solutions, and both Technology and Data Services, designed to help drive better outcomes2 for all participants in the ecosystem.

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Frequently asked

Who acquired Citi?

Citi was acquired by I Capital, based in New York. The deal was reported on May 13, 2025. iCapital is a global leader, shaping the future of global investing for financial advisors, wealth managers, asset managers, and other industry participants. I Capital is privately held and operates in Financial Services.

When did I Capital acquire Citi?

I Capital's acquisition of Citi was reported on May 13, 2025. iCapital has announced its intention to acquire Citi's indirect subsidiary, Citi Global Alternatives. After the transaction, iCapital will manage the fund platform, while Citi continues its distribution and client guidance. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Citi do?

It is publicly traded (C), operating in Financial Services, and is based in New York.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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