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ICapital Is Hiring 100 New Technologists Despite Cuts on Wall Street


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  • Alternative investment fintech iCapital is making 100 new hires in its tech department.
  • The 10-year-old startup is looking to add talent to its New York, Greenwich, and Lisbon offices.
  • iCapital CEO Lawrence Calcano told Insider “great people are always in demand.”

An alternative investment-tech company with deep ties to Wall Street’s top firms is planning to grow headcount at a moment when many firms are pulling back on recruiting and even alternative money managers that are more insulated from market turbulence are facing challenges.

iCapital is adding 100 new employees to its technology team across its offices in New York City, Greenwich, Connecticut, and Lisbon, Portugal by the middle of the year.

The fintech, which was founded in 2013, operates a marketplace where investors and firms can get an overview of alternative investments like private equity and hedge-funds. Its hiring plans come in the midst of a wave of layoffs at top financial services and tech…

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