Monthly Alts Pulse, Ep. 2: Taking the pulse of private markets with Lawrence Calcano, Chairman & CEO of iCapital
Welcome to the 2nd episode of a collaboration between iCapital x Alt Goes Mainstream.
Here’s the latest episode of the Monthly Alts Pulse, a live conversation in studio with Lawrence Calcano, the CEO of iCapital, who as the leader of a platform that is responsible for the majority of individual and advisor-led investment flows into the alts space, has his finger on the pulse of what’s happening in private markets.
On this episode, Lawrence and I had a fun and lively discussion. We covered:
On this episode, Lawrence and I had a fun and lively discussion. We covered:
- What iCapital is seeing in the market now.
- How allocators are balancing strategies that make sense right now versus strategies, like venture, that may pay off in the future.
- How the alts space has evolved over the past 10 years.
- How the change in wealth management market structure and the rise of the breakaway broker has driven alts innovation forward.
- Some of the biggest challenges that iCapital has encountered over the past 10 years of growth.
- How Lawrence & iCapital have built a platform to serve different clients on the GP and LP sides.
- How iCapital took inspiration from prior market structure evolutions and innovations, like ETFs and mutual funds.
- What companies did iCapital look to for inspiration?
- The importance of UI/UX in B2B financial services — and how does this change with Millennials and Gen Z’s becoming customers or users?
- Building the desktop real estate for alts.
- What does a quote from a Dirty Harry movie have to do with the growth of iCapital?