iCapital Community Inc. raised $440 million in a funding spherical that values the upstart investing platform at round $4 billion.

The agency offers know-how and runs funds to assist monetary advisers make investments consumer cash in non-public fairness. It hyperlinks buyout companies, hedge funds, monetary advisers and buyers who need alternate options to shares and bonds.

Singapore state funding firm Temasek led the newest spherical.

Blue Owl Capital Inc.’s arm Owl Rock, MSD Companions LP, Chinese language wealth-management agency Noah Holdings Ltd. and Golub Capital invested within the agency for the primary time. Some early backers similar to Blackstone Group Inc. added additional investments.

Cash-management big BlackRock Inc. stays iCapital’s largest minority backer with an almost 30% stake within the monetary know-how agency.

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