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Noah invests US$10 million in iCapital Network in push for greater digitalisation in alternative investments

Shanghai-based wealth manager Noah Holdings announced that it has made a US$10 million strategic equity investment in iCapital Network, a New York-based alternatives investment platform, according to a Wednesday announcement by Noah. Noah was joining iCapital’s strategic investors, a consortium comprising Blackrock, Credit Suisse, KKR, Morgan Stanley and The Carlyle Group. The US$400 million round of financing was led by…

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