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BlackRock’s Aladdin partners with iCapital for alts investments

BlackRock will integrate iCapital’s alternative investments technology platform with its Aladdin Wealth, seeking to streamline private-market investing for wealth managers. Under this new partnership, advisors can find alternative offerings on their firm’s product shelf, initiate subscriptions and redemptions, and track status updates alongside portfolio analytics, according to a statement on Thursday. They will benefit from a more streamlined experience that…

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