Frank Porcelli, chairman of BlackRock’s Wealth Advisory unit that sells to financial advisory firms, is also joining the iCapital board. Fintech start - up Capital Network 's next funding round will be led by BlackRock , as the world 's biggest asset manager with a position in the fintech sector . iCapital offers its new employees " access to private equity firms , hedge funds , and other alternative investments " . The terms of the deal were not disclosed , but Frank Porcelli , chairman of BlackRock 's Wealth Management unit , is set to join iCapital 's board .
Fintech start - up Capital Network 's next funding round will be led by BlackRock , as the world 's biggest asset manager with a position in the fintech sector . iCapital offers its new employees " access to private equity firms , hedge funds , and other alternative investments " . The terms of the deal were not disclosed , but Frank Porcelli , chairman of BlackRock 's Wealth Management unit , is set to join iCapital 's board .