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The iCapital and Altshuler Shaham iFunds partnership enables wealth managers to introduce qualified private clients to private market growth and diversification opportunities. Through this partnership, the Israeli marketplace will gain access to top-tier fund managers that have historically been difficult for individual investors to access. In addition, iCapital Network's technology will support the creation of customized fund structures for opportunities sourced by Altshuler Shaham and their partners as the relationship evolves.

Complementing the collaboration, iCapital's robust suite of educational tools will also be available through iFunds to enhance the Israeli wealth management community's understanding of the potential benefits and special considerations of alternative investments.

"Wealth creation is increasingly taking place outside the public markets as companies stay private longer. This unique partnership offers banks and wealth managers greater access to private markets opportunities to enhance client portfolios," said Marco Bizzozero, Head of International at iCapital Network. "Altshuler Shaham is a key player in the region, and we are delighted to support their ambition in alternative investing by facilitating access and providing the wealth management community with a comprehensive menu of alternative investment strategies and robust educational resources."

"We are continuously seeking to enhance and streamline the investing experience for our partners, clients, and investors throughout the region. Joining forces with iCapital combines their deep alternative investment expertise with our long-standing commitment to meet the evolving demands of the Israeli markets and investors globally," said Ran Shaham, Altshuler Shaham's Co-CEO.