Iconiq Capital is now an $89-billion RIA as it evolves from wealth management to KKR mode -- not without Henry Kravis and 'glaring conflicts'
The San Francisco firm nearly quadrupled in size since June 2020 sources and buys pre-IPO shares, is determined to be a wealth manager to the super-wealthy and compete for A-list PE deals with Blackstone and the like.
Author Brooke Southall March 8, 2022 at 2:39 AM
Spears Jeff
March 8, 2022 — 12:09 PM
Ultra high net worth clients care more about deal flow. They don’t care about conflicts. They made their fortune using conflicts.