Hamilton Lane has widened the reach of its private markets access by offering tokenized versions of the funds through Allfunds Blockchain.
Apex Group will act as a transfer agent to allow the strategies to be on the Allfunds Blockchain platform. The expansion will allow for broader European access, including investors in Italy, Spain, and other regions.
Allfunds said the use of tokenisation allows for further flexibility with assets, including fractionalisation and a simplified administration process.
Victor Jung, head of digital assets at Hamilton Lane, said: “At Hamilton Lane we are keenly focused on utilizing technology to expand access to private markets, and this partnership is another important step in that direction.
“Together with Allfunds Blockchain, we aim to alleviate some of the barriers to entry for investors looking to access the historically strong returns that private markets can offer by providing more transparency, seamless operations and a solution that we believe is cheaper, better and faster.”
Hamilton Lane works exclusively in private markets, with $947bn assets under management as of the end of December.
Rubén Nieto, managing director of Allfunds Blockchain, said: “We are delighted to partner with Hamilton Lane and Apex Group for this exciting project. Hamilton Lane’s expertise in private markets and pioneering approach to tokenisation aligns perfectly with Allfunds Blockchain’s commitment to advancing fund industry digitalisation.
“This collaboration underscores our shared dedication to delivering efficiencies and enhancing services for investors.”
This article first appeared in our sister publication, Portfolio Adviser.
