Independence Capital Partners

What Independence Capital Partners does

Independence Capital Partners is a Philadelphia-based professional services firm founded in 1997 that delivers integrated back-office and infrastructure support to a network of affiliated private equity and real estate fund managers, and selectively to hedge funds, family offices, and other financial services firms. Its service portfolio spans four interconnected lines: IT services (cybersecurity, infrastructure hosting, network services, managed services, and backup/recovery), tax services (planning, preparation, and compliance across jurisdictions), regulatory compliance (including Chief Compliance Officer staffing, registration, risk assessments, and policies and procedures), and risk management (insurance contract negotiations, lease reviews, and cost-benefit analyses).

The firm's underlying technology centers on a shared private cloud platform engineered for high availability, spanning multiple redundant data centers with real-time replication to an Atlanta-based facility, built-in failover and load balancing, 24/7 proactive monitoring, and infrastructure aligned with SEC, FINRA, and SOC2 requirements. Cybersecurity includes a multi-layered approach with active threat monitoring, Managed Detection and Response (MDR), endpoint detection and response (ETDR), patching, intrusion detection, strong authentication, and regular security audits.

The firm operates a shared-services, enterprise B2B go-to-market: solutions are custom-tailored through direct engagement with affiliated fund managers, pricing is quote-based and not publicly disclosed, distribution is direct (website, email at [email protected], and phone at 215-399-4710), and there are no channel intermediaries, marketing automation, or external funding events disclosed in the input. The firm is privately held and founder-led, with no parent company or external capital structure identified, and serves approximately eight member funds under its affiliate model.

Name

Independence Capital Partners

Legal name

Independence Capital Partners

Website

https://icpartners.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

1–10 employees

Short description

Independence Capital Partners is a Philadelphia-based professional services firm, founded in 1997, that delivers shared back-office and IT, tax, compliance, and risk management services to a network of affiliated private equity and real estate fund managers, plus select hedge funds and family offices.

Ownership category

akta.pro rank

Headquarters

HQ city

Philadelphia

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Managed IT Services: Ongoing managed services for private equity groups, hedge funds, family offices, and financial services firms, including network management, cybersecurity, infrastructure hosting, and technical support. Operates as a shared services model for affiliated fund managers.
2. Professional Services (Compliance, Tax, Risk): Compliance services (including CCO staffing), tax planning/preparation/compliance, and risk management services for investment advisers and private fund managers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Independence Capital Partners provides back office and infrastructure support to private equity and real estate fund managers through four integrated service lines: IT Services (cybersecurity, infrastructure hosting, network services, managed services, and backup/recovery), Tax Services (planning, preparation, and compliance), Compliance Services (CCO staffing and regulatory oversight for investment advisers), and Risk Management Services (insurance reviews and contract negotiations). Services are delivered as custom-tailored, quote-based B2B engagements.

Product overview

Independence Capital Partners is a professional services firm providing integrated back office and infrastructure support services to private equity and real estate fund managers. The company operates as a service portfolio rather than a unified software product, offering four interconnected service lines: (1) IT Services encompassing cybersecurity, infrastructure hosting, network services, managed services, and backup/recovery; (2) Tax Services including tax planning, preparation, and compliance; (3) Compliance Services providing CCO staffing and regulatory oversight for investment advisers; and (4) Risk Management Services covering insurance reviews and contract negotiations. These services share operational resources and expertise to deliver coordinated solutions for financial services firms.

Differentiator

Problem solved

Functional benefit

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators1 record

Recent moves4 records

Expansion highlights3 records

Direct peers

• Gen II Fund Services: Gen II provides fund administration, investor services, and operational support to private equity and real estate fund managers, directly overlapping ICP's back-office service offering for alternative asset managers.
• Standish Management: Standish delivers fund administration, accounting, and investor reporting to PE and RE fund managers, competing for the same operational outsourcing mandates that ICP serves.
• ACA Compliance Group: ACA provides compliance, CCO staffing, and regulatory advisory services to investment advisers and private fund managers — directly overlapping ICP's compliance service line.

Emerging players

• Juniper Square: Juniper Square offers software-led investor reporting, fund operations, and back-office workflows for PE/RE managers, providing a technology-native alternative to ICP's services model.
• Carta: Carta provides cap table management, fund administration, and investor reporting for venture, PE, and other asset managers, encroaching on parts of ICP's fund operations remit.
• Altvia Solutions: Altvia delivers CRM, investor portal, and back-office software to private equity firms, competing for the same fund-manager operational stack ICP supports.
• iCapital Network: iCapital provides technology and operational infrastructure connecting alternative investment managers with investors, overlapping with ICP's role in supporting PE/RE fund operations and reporting.

Broad incumbents

• SS&C Technologies (Eze Software): SS&C, including the former Eze Software business, provides large-scale fund administration, trading, and operations technology to alternative asset managers — a broader incumbent serving the same end market as ICP.
• Bank of New York Mellon (Fund Services): BNY Mellon's Fund Services division offers custody, fund accounting, and middle/back-office services to PE, RE, and hedge fund managers, providing an enterprise-scale alternative to ICP.
• Citco Fund Services: Citco offers fund administration, investor services, and middle-office support to hedge funds, PE, and real estate managers, competing with ICP across multiple alternative asset manager segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/independence-capital-partners

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Independence Capital Partners