Ping An Global Voyager Fund has returned to back the asset management platform developer’s latest round, at a $4bn valuation.

US-based alternative investment platform iCapital Network secured $440m yesterday in a round featuring insurance group Ping An’s Global Voyager Fund.

Singaporean state-owned investment firm Temasek led the round, which included financial services firms BNY Mellon, UBS and Wells Fargo as well as investment banks Morgan Stanley and Goldman Sachs (the latter through its Asset Management unit), valuing the company at approximately $4bn.

Blue Owl Capital subsidiary Owl Rock, WestCap, Blackstone, Pivot Investment Partners, MSD Partners, Noah Holdings and Golub Capital…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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