AN global platform that has technology centers in Lisbon and New York announced this month that it opened enrollment for 100 new professionals for the global development team. The advertisement appears in counter cycle with the communications of redundancies that have been made by large technology companies in recent weeks.

Vanda de Jesus, responsible for the operation in Portugal, told SAPO TEK that it is difficult to determine how many of these professionals can be located in Lisbonand that it depends on the candidates.

“Lisbon and New York (Greenwich and Connecticut Offices) are our technological hubs. If we have better candidates in Lisbon than in other locations, they will be hired in Lisbon. iCapital looks for the best people to fulfill these functions, regardless of where they work between these three locations”, explains Vanda de Jesus.

iCapital has more than 400 technicians in its global team, which already has more than 1,000 people. Announced announcements include software engineers, product managers and infrastructure development.

Fintech was founded in 2013 and is focused on the alternative investment market to strengthen asset and wealth management, with wealth, banking and asset management operations that facilitate access to investments in private markets. The company is headquartered in New York and has offices in several cities, including Zurich, London, Lisbon, Hong Kong, Singapore and Toronto.

Lisbon is one of the most recent locations, with the official opening of the office in October 2022. In 2020 iCapital had purchased the product development company Runtime Group Ltd, and expanded operations with a team of more than 150 people in Portugal, including engineers, creators, designers, operations, and central support functions.

According to the shared data, over the past 24 months, iCapital has increased global assets outside the US from $8 million to $32 millionrepresenting more than 20% of iCapital’s total platform assets of $148 million.