Kennedy Lewis Launches Partnership with iCapital to Bring Differentiated Private Credit Strategy to Advisors and their Clients
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Wednesday, December 13, 2023
NEW YORK, Dec. 13, 2023 /PRNewswire/ -- Kennedy Lewis Investment Management LLC ("Kennedy Lewis"), a leading alternative credit manager, announced that it has launched a partnership with iCapital, the global fintech platform driving access to alternative investments for the wealth management industry, which will initially focus on Kennedy Lewis' core lending strategy.
Key Points:
- As a result, Kennedy Lewis' core lending strategy is intended to provide portfolio diversification benefits when compared to other direct lending strategies.
- Kennedy Lewis has approximately $14 billion under management and has been investing in the non-sponsor backed private credit space since its founding in 2017.
- "Advisors are extremely interested in offering their clients institutional-quality private credit strategies, and we are excited to add Kennedy Lewis to our platform," said Lawrence Calcano, Chairman and CEO of iCapital.
- "Kennedy Lewis' deep expertise within credit provides advisors and their clients with access to differentiated investment opportunities."