iCapital1 , the global fintech company shaping the future of global investing, is proud to bring a private credit solution offered by BlackRock to market in Canada. This initiative introduces an evergreen investment vehicle designed for accredited investors, available through advisor channels with both CAD-hedged and USD-denominated options.
This launch marks the first time Canadian wealth managers and their accredited investor clients can access BlackRock’s private credit strategy through a Canadian access vehicle. Historically available only to institutional investors, private credit is increasingly sought after by advisors seeking to provide their high-net-worth clients with enhanced portfolio diversification, a means to generate income, and improved downside protection. This new Canadian solution significantly lowers the barriers to entry by offering a simplified subscription process and reduced investment thresholds, delivered through iCapital’s platform.
“We are honoured to deepen our existing relationship with BlackRock, one of the world’s renowned asset management firms and a recognized leader in private credit capabilities,” said Tom Johnston, Managing Director, Head of Client Solutions Canada at iCapital. “Wealth creation in the alternative asset space has long been an institutional strategy, and we are delighted to support BlackRock in broadening the reach of this institutional grade strategy to Canada.”
“With this launch, we are excited to expand access for Canadians to our middle market private credit strategy and to grow our global relationship with iCapital,” said Sarah Butcher, Managing Director, Head of the Americas Institutional Business in Canada and Canadian territory lead for Institutional Capital Formation at BlackRock. “We are pleased to continue to innovate together and to bring unique private market opportunities to a wider investment community – offering Canadians more choice in private market strategies. We are likewise thrilled that after extensive review, Westcourt Capital chose to support this launch.”
The newly created Canadian-access solution (which includes a USD-denominated and CAD-option) has received an initial investment from clients of Westcourt. “Westcourt Capital conducted a global search and is pleased to have access to BlackRock’s private credit strategy through the iCapital Canadian fund structure. We are excited to be allocating to BlackRock as a differentiated, institutional grade solution for our clients,” said Robert A. Janson, Chief Investment Officer at Westcourt Capital.
Private credit continues to grow in relevance as market volatility and low fixed income yields persist. BlackRock’s private credit strategy focuses on directly originated senior secured loans – offering enhanced yield potential and capital preservation through robust collateral and covenant protections.
The new Canadian investment vehicle is delivered through iCapital’s platform, giving advisors a streamlined way to subscribe, allocate, and report on private credit investments. With this initiative, iCapital enables wealth managers to expand access to private markets, while maintaining the same level of oversight and high standard of client service.
About iCapital
iCapital is a global leader, shaping the future of global investing for financial advisors, wealth managers, asset managers, and other industry participants. iCapital offers a diverse and complete range of non-traditional investment products on iCapital Marketplace, Enterprise Solutions, and both Technology and Data Services, designed to help drive better outcomes2 for all participants in the ecosystem.
With strategic investment from leading alternative asset managers, wealth managers, and service providers globally, iCapital provides unrivaled access, data connectivity, education, and research programs to advisors and their clients. Leveraging AI and machine learning for digital identity (KYC/AML), iCapital supports compliant and secure investment lifecycle processes.
iCapital’s end-to-end platform manages the lifecycle of non-traditional investment products, making it easier to learn about, buy, manage, and integrate alternative assets, structured investments, and annuities into portfolios, driving growth, scale, and efficiency. Our solution(s) can be customized and offers specific modules as needed.
iCapital has $994 billion3 of assets serviced globally on its platform, including $266.5 billion in alternative platform assets, $215 billion in structured investments and annuities outstanding, and $512.7 billion in client assets reported on, and serving over 3,000 wealth management firms and 116,000 active financial professionals.
Headquartered in New York, iCapital operates globally with 16 offices, including major hubs in Zurich, London, Hong Kong, Singapore, Tokyo, and Toronto, and an industry-leading R&D center in Lisbon. iCapital is recognized for its innovation and leadership, with accolades from Euromoney (World’s Best Technology Provider for Wealth Management), CNBC (World Top Fintech Companies), The Wealthies Alts Investment Platform of the Year, and Forbes Fintech 50.
For more information, visit https://icapital.com | X (Twitter): @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc
+++
For media inquiries, please contact:
iCapital Canada:
Blue Door Agency
(905) 580 1692
niamh@bluedoor.agency
END NOTES
- iCapital, Inc. and its affiliates (together, “iCapital”)
- iCapital delivers better outcomes by streamlining financial operations, enhancing technology infrastructure, and empowering smarter decision-making through reporting and analytics.
- As of July 31, 2025
IMPORTANT INFORMATION
This material has been provided to you for informational purposes only by iCapital, Inc. and/or one of its affiliates including Institutional Capital Network, Inc. (collectively, “iCapital”). This material is the property of iCapital. This is not intended as, and may not be relied on in any manner as, legal, tax or investment advice, a recommendation to employ a specific investment strategy, or as an offer to sell, a solicitation of an offer to purchase, or a recommendation of any interest in any fund or security. Securities products and services are offered through iCapital Markets LLC (a registered broker/dealer, member FINRA and SIPC), Institutional CN (Europe) – Empresa de Investimento, S.A. (registered with CMVM), iCapital UK Services Limited (authorised and regulated by the Financial Conduct Authority), iCapital Hong Kong Limited (licensed by SFC) and iCapital SG Pte. Ltd (licensed by MAS), iCapital Network Canada Ltd. is registered as an investment fund manager, portfolio manager and exempt market dealer where required in the applicable Provinces and Territories of Canada, all affiliates of iCapital. Registrations and memberships in no way imply that FINRA, SIPC, CMVM, FCA, SFC or MAS have endorsed any of the entities, products or services discussed herein. Financial products made available by iCapital Markets LLC, Institutional CN (Europe) – Empresa de Investimento, S.A., iCapital UK Services Limited, iCapital Hong Kong Limited, iCapital SG Pte. Ltd. and iCapital Network Canada Ltd, may be complex and/or speculative and are not suitable for all investors. iCapital Advisors, LLC is an investment adviser registered with the Securities and Exchange Commission and acts as an adviser to certain privately offered investment funds. “iCapital” and “iCapital Network” are registered trademarks of Institutional Capital Network, Inc.
©2025 Institutional Capital Network, Inc. All Rights Reserved.
