iCapital, BlackRock’s Aladdin Wealth Integrate Platforms for Alternative Investment Workflow
iCapital and Aladdin Wealth, BlackRock’s technology platform for wealth managers, have launched an integration linking their alternative investment technologies into a unified workflow for financial advisers managing private market assets alongside traditional public holdings.
For the first time, advisers utilizing the Aladdin Wealth platform can navigate the entire alternative investment lifecycle without leaving their primary ecosystem. The integrated experience allows professionals to discover and access a firm’s specific product shelf of alternative investments, initiate subscriptions and redemptions directly within the platform, and monitor real-time status updates and portfolio analytics.
“This partnership provides a connected and scalable framework for portfolio construction and oversight,” said Lawrence Calcano, chairman and chief executive officer of iCapital. He noted that the tools are designed to ensure advisers can effectively integrate alternatives into client portfolios to improve efficiency and personalized outcomes.
As interest in private equity, credit, and real estate continues to grow among individual investors, the need for integrated data has become a priority for wealth management firms.
Ted Stratigos, global head of Aladdin Wealth, emphasized that the integration extends the platform’s capabilities by linking advisers directly to alternative investments through the same risk management and analytics workflows they already rely on for their broader business.
The integration builds on an existing relationship between the two firms. BlackRock (NYSE: BLK) previously used iCapital’s technology to launch a customizable public-private model portfolio within a unified managed account, or UMA.
Earlier this year, iCapital entered into a definitive agreement to acquire Passthrough, a financial technology platform providing investor onboarding solutions and compliance infrastructure for general partners.
iCapital reported more than $1.14 trillion of assets serviced globally on its platform, as of Jan. 31, 2026, including $300.6 billion in alternative platform assets, according to the company.
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