iCapital taps BlackRock for COO

Tom Fortin will lead the firm’s technology development plans along with the CTO.

iCapital Network, a technology platform offering private equity investments to high-net-worth individuals, has appointed Tom Fortin as chief operating officer.

Fortin will lead the firm’s technology development, including managing investor support services.

He joins from BlackRock, where he spent 15 years and was most recently head of retail technology in BlackRock Solutions. He previously led systems integration following BlackRock’s acquisition of Merrill Lynch Investment Management and Barclays Global Investors in 2006.