US based private markets asset manager Hamilton Lane has launched a tokenised share class to access Hamilton Lane’s Global Private Assets Fund.
The launch aims to leverage blockchain-based distribution models to deliver a more efficient, transparent and flexible investment experience for investors in Europe, the Middle East, Asia and Latin America. The tokenized GPA share class will be available through the Allfunds platform and supported by Allfunds Blockchain as the technology provider and Apex Group as transfer agent, enabling end‑to‑end digital subscription, administration and servicing.
Initial investor BBVA Asset Management, based in Madrid, will benefit from an exclusive distribution period, reinforcing the bank’s commitment to innovation and to having an active role in exploring new digital distribution models for private market assets in Europe.
GPA is an evergreen fund designed to provide investors with a diversified exposure to private equity through a single commitment. It seeks to generate capital appreciation over the medium- and long-term through investments in private assets globally, while solving for some of the challenges of a traditional private markets fund.
Juan Delgado, Co-CEO at Hamilton Lane, said: “Further advancing our effort to broaden access to private markets through technology, the launch of this tokenized share class seeks to bring the diversification benefits of private markets to new and existing audiences in a cheaper, better and faster way.
“Working with established partners like Allfunds Blockchain and Apex Group has enabled us to deliver an efficient and scalable offering, and we are pleased to welcome BBVA as the first investor in this initiative.”
