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Private Access Fund. In addition, select financial services companies, including affiliates of Morgan Stanley Smith Barney ("Morgan Stanley") and UBS Financial Services ("UBS") have made equity investments in Institutional Capital Network, Inc. iCapital may offer Private Access Funds to clients of Morgan Stanley
NY 10165 646-214-7400 Floor March 30, 2018 This Brochure Supplement provides information about Eileen Duff Blalock, Phil Pool, John Robertshaw, Daniel Vene and Nicholas Veronis that supplements the iCapital Advisors, LLC's Form ADV Brochure. Please contact Michael Stanton, iCapital Advisors, LLC's Chie
Private Access Fund. In addition, select financial services companies, including affiliates of Morgan Stanley Smith Barney ("Morgan Stanley") and UBS Financial Services ("UBS") have made equity investments in Institutional Capital Network, Inc. iCapital may offer Private Access Funds to clients of Morgan Stanley
NY 10165 646-214-7400 Floor March 30, 2018 This Brochure Supplement provides information about Eileen Duff Blalock, Phil Pool, John Robertshaw, Daniel Vene and Nicholas Veronis that supplements the iCapital Advisors, LLC's Form ADV Brochure. Please contact Michael Stanton, iCapital Advisors, LLC's Chie
Private Access Fund. In addition, select financial services companies, including affiliates of Morgan Stanley Smith Barney ("Morgan Stanley") and UBS Financial Services ("UBS") have made equity investments in Institutional Capital Network, Inc. iCapital may offer Private Access Funds to clients of Morgan Stanley
2nd iCapital Advisors, LLC Street, 26th New York, NY 10165 Floor March 30, 2018 This Brochure Supplement provides Phil Pool, John Robertshaw, Daniel Vene and Nicholas Veronis LLC's Form ADV Brochure. Please contact Michael Stanton, Officer, at or by email at Advisors, LLC's Brochure or if you hav
Private Access Fund. In addition, select financial services companies, including affiliates of Morgan Stanley Smith Barney ("Morgan Stanley") and UBS Financial Services ("UBS") have made equity investments in Institutional Capital Network, Inc. iCapital may offer Private Access Funds to clients of Morgan Stanley
2nd iCapital Advisors, LLC Street, 26th New York, NY 10165 Floor March 30, 2018 This Brochure Supplement provides Phil Pool, John Robertshaw, Daniel Vene and Nicholas Veronis LLC's Form ADV Brochure. Please contact Michael Stanton, Officer, at 1- or by email at Advisors, LLC's Brochure or if you h
Private Access Fund. In addition, select financial services companies, including affiliates of Morgan Stanley Smith Barney ("Morgan Stanley") and UBS Financial Services ("UBS") have made equity investments in Institutional Capital Network, Inc. iCapital may offer Private Access Funds to clients of Morgan Stanley
NY 10165 646-214-7400 Floor March 30, 2018 This Brochure Supplement provides information about Eileen Duff Blalock, Phil Pool, John Robertshaw, Daniel Vene and Nicholas Veronis that supplements the iCapital Advisors, LLC's Form ADV Brochure. Please contact Michael Stanton, iCapital Advisors, LLC's Chie
Entities connected to both UBS Financial Services Inc and Daniel Vene

Michael Shannon
PERSONiCapital
ORGANIZATIONNicholas Veronis
PERSONThis Brochure Supplement
ORGANIZATIONPhil Pool
PERSONthe iCapital Advisors
ORGANIZATIONEileen Duff Blalock
PERSONBNY Capital Corporation
ORGANIZATIONGroup AG
ORGANIZATION
Credit Suisse
ORGANIZATION
BlackRock
ORGANIZATIONBlackRock, Inc.
ORGANIZATIONPREA and NCREIF
ORGANIZATIONFir Tree Partners
ORGANIZATION
Stanton
PERSONEaton Partners
ORGANIZATIONthe Securities and Exchange Commission
ORGANIZATIONiCapital Network
ORGANIZATIONLiquidity of Investments
ORGANIZATIONNorth, Dislocation
LOCATION