$3.8bn private markets fund uses blockchain to widen investor access

Hamilton Lane, Sygnum, and Apex Group have joined together in an effort to give more investors access to global private market, leveraging the power of blockchain.

The firms have launched a new share class on the Polygon blockchain, automating and integrating fund management functions for increased accessibility and efficiency. The project will give more investors access to Hamilton Lane's $3.8bn Global Private Access Fund via distributed ledger technology solutions.

Sygnum's DLT solutions allow for lower fund entry points for its professional, institutional, and corporate clients. Apex Group and FundRock-LRI will use Sygnum's DLT solution for on-chain share registry management.

“We strongly believe that tokenisation has the potential to transform the way investors gain access to the historically strong returns and performance opportunities within the private markets," said Victor Jung, head of digital assets at Hamilton Lane.