PATRIZIA and iCapital Announce Partnership to Expand Private Wealth Offering

PATRIZIA, a leading partner for global real assets, and iCapital, a global fintech platform driving access to alternative investment products in the wealth management industry, have partnered to provide wealth managers with access to certain PATRIZIA investment solutions available through Allfunds, the world’s largest fund distribution network, and a strategic partner of iCapital.

PATRIZIA will leverage iCapital’s technology platform and structuring solutions to provide wealth managers and their clients with access to PATRIZIA’s profound market expertise and suite of alternative investment strategies in direct real estate and infrastructure built over a period of almost 40 years. The partnership is an important milestone in PATRIZIA’s expansion into the private wealth sector, as it addresses the increasing appetite from ultra- and high net worth individuals for investments in alternative assets, by leveraging its long-standing expertise as an institutional-grade real assets manager. Through iCapital, institutional-quality real asset providers offer their products to investment professionals globally.

The partnership will start with an impact investment strategy, that aims to build sustainable, future- proof communities contributing to 8 of the 17 United Nations Sustainable Development Goals (SDGs). The strategy which intends to meet residential as well as social infrastructure needs is classified as a SFDR Article 9 fund. It provides solutions to three specific societal challenges: affordable housing, green real estate as well as inclusion & connectivity. In addition to an attractive financial return, it intends to deliver a positive social and environmental return monitored via a dedicated and innovative reporting framework.

Sebastian Baer, Head of Wealth Solutions at PATRIZIA, said: “As a leading independent investment manager in real assets, PATRIZIA sets standards for sustainability, data intelligence and global reach. We are now opening our institutional-grade solutions available to financial intermediaries in the private wealth sector. In the future, we will offer selected value-add products as well as investments along Articles 8 and 9.”

Marco Bizzozero, Head of International at iCapital, said: “We are pleased to partner with PATRIZIA, a leading independent asset manager for real assets, and to support them with our technology and solutions in providing wealth managers and their clients with broader access to PATRIZIA’s impact investment strategies, thus contributing to mobilize private capital to address social infrastructure needs.”