Firm taps leading industry voice to shape narrative around public and private investing with fresh perspective and an editorial lens.

iCapital¹, the global fintech company shaping the future of investing, today announced the appointment of Sonali Basak, former lead Wall Street correspondent for Bloomberg Television, as Chief Investment Strategist. In this role, Ms. Basak will help develop and deliver the firm’s strategic thought leadership across public and private markets, provide actionable insights, and strengthen iCapital’s position as a trusted industry voice.

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Sonali Basak, Chief Investment Strategist, iCapital

“The wealth industry is undergoing a significant transformation, and individual investors should have increased access to the same private market opportunities that have driven institutional returns for decades,” said Ms. Basak. “iCapital aims to be the central authority linking the wealth community with the top asset managers across the world. I’m thrilled to bring my expertise to engage with financial advisors, investors, and asset managers every day. My role will be to deliver data-driven and actionable insights to iCapital’s clients and partners across both public and private markets.”

As Chief Investment Strategist, Ms. Basak will lead and articulate iCapital’s investment outlook, thoughtful data-driven content, and support client decision-making working closely with them as they implement their strategies.

“We’re very excited to welcome Sonali to iCapital,” said Lawrence Calcano, Chairman and CEO of iCapital. “She is an exceptional thought leader who brings a journalist’s curiosity, a strategist’s insight, and a communicator’s instinct – all of which will help us deepen our dialogue with clients and partners across the industry. As public and private markets continue to converge and advisors scale to meet increasing investor demands, Sonali will be instrumental in shaping iCapital’s market perspective and driving meaningful impact across the ecosystem. She is the ideal person to lead this important work and represent iCapital’s voice in the global investment conversation.”

Ms. Basak most recently served as Bloomberg Television’s lead global finance correspondent and anchor, where she covered the financial institutions shaping markets worldwide – from global banks and asset managers to private equity giants and hedge funds. She anchored Open Interest, Bloomberg TV’s flagship morning program focused on C-suite perspectives across industries, and hosted Bloomberg Invest, the firm’s premier annual financial conference. Her newsletter, Wall Street, By Basak., is widely regarded for its sharp, insider commentary on market trends, Wall Street firms, and shifts across the financial industry. Her reporting frequently appeared in Businessweek and Markets Magazine, where she conducted recurring Q&As with leading financial executives. Most recently, she created and hosted the original docuseries Bullish, which profiled influential voices in finance and demystified opaque corners of capital markets. Known for securing rare interviews with top Wall Street CEOs and breaking news on market-moving deals, Ms. Basak has earned a reputation as one of the most trusted and insightful voices in financial journalism over the past decade.

She holds a bachelor’s degree from Bucknell University, a Master of Science in Journalism from Northwestern University’s Medill School, and an MBA in Quantitative and Corporate Finance from NYU’s Stern School of Business. Ms. Basak will be based in iCapital’s New York City office.

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 Data Intelligence, 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 $945³ billion of assets serviced globally on its platform, including $257 billion in alternative platform assets, $203 billion in structured investments and annuities outstanding, and $485 billion in client assets reported on, and serving over 3,000 wealth management firms and 114,000 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), and Forbes Fintech 50.

For more information, visit https://icapital.com | X (Twitter): @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc

¹ iCapital, Inc. and its affiliates (together, “iCapital”)

² iCapital delivers better outcomes by streamlining financial operations, enhancing technology infrastructure, and empowering smarter decision-making through reporting and analytics.

³ As of June 30, 2025

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"As public and private markets continue to converge and advisors scale to meet increasing investor demands, Sonali will be instrumental in shaping iCapital’s market perspective and driving meaningful impact across the ecosystem."