iCapital snaps up Simon Markets

Asset and wealth management fintech iCapital will acquire Simon Markets, the US multi-issuer platform for an undisclosed amount. Under the agreement, Jason Broder, chief executive officer of Simon, will join iCapital as managing director, head of iCapital solutions and member of the operating committee. In this new role, he will oversee the combined platform’s integration, market development, and sales of iCapital’s full suite of technology offerings. Additionally, iCapital will extend offers o