iCapital Names New President

Core Insights - iCapital has appointed Gary Gallagher as president, a newly-created position aimed at enhancing the company's market activities and client relationships [1][2] - Gallagher brings over three decades of experience in the financial advisory sector, having held significant roles at Fidelity and other financial institutions [3] - The appointment follows a year of significant growth for iCapital, with a 31% increase in its global workforce, now exceeding 2,200 employees [4] Company Strategy - Gallagher will oversee client relationships, drive investment product distribution, and scale platform and technology initiatives across the United States [2] - The company emphasizes a client-centric culture, which Gallagher believes aligns with his leadership philosophy and goals for expanding client relationships and enhancing market strategies [4] Leadership Changes - Gallagher's appointment is part of a broader strategy to strengthen the leadership team, which includes recent hires such as Henrique Francisco as chief technology officer and Jeff McGoey as chief operating officer [4]